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low volume MES vs avg volume SP500, what do you think?


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low volume MES vs avg volume SP500, what do you think?

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  #1 (permalink)
 wolf777trader 
Amsterdam, Netherlands
 
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Hey guys. quick question on how to read volume on MES. I saw extremely low volume on MES on Friday vs avg, but a slightly above avg volume on SP500 index. how would your read this?

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 tr8er 
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wolf777trader View Post
Hey guys. quick question on how to read volume on MES. I saw extremely low volume on MES on Friday vs avg, but a slightly above avg volume on SP500 index. how would your read this?

we are in the middle of the roll-over so there is a volume split

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 wolf777trader 
Amsterdam, Netherlands
 
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thanks tr8er! It makes sense indeed. I was anyways looking at the volume in the next contract and on Friday it was pretty low. so if I add the 2 volumes we don't come to the volume of the sp on Friday. is there anything else I am missing? thanks for your help

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 loantelligence 
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Actually Volume on the MES 12-22 is 38600 and on ES at this time 12:40 AM EST.... 55000.....so not too shabby....MNQ and NQ is 41000 and 18000 respectively....

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 wolf777trader 
Amsterdam, Netherlands
 
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thanks @loanintelligence. if you see volume is well below avg but as tr8er says we are getting close to contract expiration so that might be one reason. for me its also a warning anyways that market is weak and that it might turn very soon

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Last Updated on September 13, 2022


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