EOD ES charts

I did not take any trades in ES today as the up move was a slow grind on low volume.  However, I spotted an unusual 1 min bar at 18.44 (GMT) with very large volume looking out of place.

The last time I saw something like this was back in May, just prior to a new all time high being made followed by a large correction of over 100 points (see my first post in May).

I am not saying this is going to occur again.  But if we break the 1800 level tomorrow with what looks like a buying climax, then, it may be time for taking a longer term short position.

So look to buy the open and sell the HOD if on large 1 min volume.