I donno if somebody else obsrvd dis phenomena.
quite a few times, there are unusual first few ticks in pre-market (like 500-600 points)
not the usual (less than 1% move)
but when that happens - I observed that levels will hit sooner than later in mrkt.
Can anybody confirm any similar observation?
If u think I was bluffing
Yesterday at 9 am , pre open started at 350-400 points down …and the same was seen in mrkt hours too…
Not saying that it happens daily, but seems like it’s a good indicator to keep an eye on
This could possibly be an exclusive trading slot when the Himalayan Baba is let to place his orders for the day.
The rest of the things during the day follow his wishes.
More seriously though, if you feel there is edge try to get this data or gather it from today and do your backtests.