Unlike ES and NQ, the monthly candle closed out as a inside month, in comparative to the previous month which is different.
I like to see when all three markets are moving lockstep with each other.
However, YM is a market i use as a sort of barometer to gauge the strength of ES so information like this is crucial for risk management purposes.
Although this month was a inside month, business was conducted inside the volume imbalance located @ $39,469 - $39,560 before a relief rally ensued.
Will this continue??
I have my eyes on $40,400