Horizontal development is torture. It is also very easy to get chopped up without patience. This volume profile (below, most recent) is what I mean by "horizontal development". After testing a price point above (low volume node, blue line) and a price point below (high volume nodes, red lines), price coils sideways between the two and edges are faded, so you end up buying a breakout higher that gets sold or lower that gets bought:
Anyway, A few paper-cuts in the late morning
Breadth today - Advance/Decline took a hit early in the morning, and remained slightly better than neutral (divergence with price?).
Volume profile didn't change too much
ES with globex
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