Vol has returned to the markets and may it long continue.
The ES sold off 32 points overnight for reasons unknown to me. When the retail sales data came in hotter than expected it further sold off and the market opened almost 40 points in the red.
On days when this happens the opportunities for a plump trade are remote from my experience and patience is needed to wait for the perfect opportunity. I let the market play out and the ES hovered around the ONL - overnight low for the first 90 minutes or so although the NQ sold off 140 points quickly in the first 30 minutes.