Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
low volume MES vs avg volume SP500, what do you think?
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?
Can you help answer these questions from other members on NexusFi?
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
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....
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
