Morning Es Trading

I still don't have a worthwhile explanation for why we continue to see doji-like candles on a seemingly daily basis. But that chart formation is indicative of indecision. Ignoring the boisterous chest pounders on both traditional and social media, my best guess is that even those espousing a staunchly bullish posture are scared to death at the prospect of the Federal Reserve uttering the word "tapering" again. Fear of the Fed is forcing those with an eye toward risk management to remain on a very even keel. So, we continue to operate within an extraordinarily indecisive environment.

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