[Gary]

The morning session in ES had good trades. I worked the 3 min chart where things set up best. Yesterday at the end of trading had stopping volume. The morning opened with an up thrust and the market fell off. So weakness was in the background. On the first rally, there were two no demand bars in a row - how sweet can you get it? I took a short on the close. The next rally had another no demand and then an up thrust bar which was a good place to add shorts. (Who says there no such thing as no demand.) I got concerned by the high volume, wide spread and close on the next bar and thought it might be a climax, so all shorts got covered. It did rally and then came off again. The real climax was at 1415. You can see it on the 15 minute chart. I didn't see anything worth trading after that.