Low volumes, volatility and lack of momentum are seeing the markets in a consolidation mode with restricted points available. Fortunately our Dom technical conclusions are still identifying intraday trends, no matter how weak they are. There was also a lack of economic data to stir the pot, further compounding to the general lack of movement. Regardless, decent points were still available at our usual times.
Monday saw a reasonable maximum potential of 540 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
JUST A TWENTY PERCENT target of this figure would have yielded 108 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.