Another week, another open. The start of the week is always hard to get your mind back in the game, especially for the first couple of hours of the day. You have been away from the markets for two days and you have to process what happened if anything, over the weekend and how it will influence that market.
The good thing is that everyone else it thinking the same thing. The first few hours on Monday can be jerky and have a lot of trading ranges where traders figure out how they are going to play the market.
Take a look at the Eurostoxx open. A pop off the open because of data out of China, and then , just a choppy, choppy trading range. Trading that will get anyone frustrated. If you hit the first move of the day, it might be better to avoid the hop and wait fir the US pre-market action.