The Market’s Deja Vu
If today’s open was a replay of yesterday’s 2:30 PM SPED, SPED 2 and futures open SPED3 — same variance collapse — does that mean the open is effectively running the same authored sequence with system memory carrying forward?
Of course not — markets are totally random.
They just happen to replay my authored SPED sequence, at the same time, with the same variance collapse, as if déjà vu was the operating system of price discovery.