Basically the pivot point and yesterdays high. I think the PP at 2651 is a possibility but overall momentum still leaning lower....
Trading is not halted, you just see the price stuck there with 2000 cars on the offer, occasional trades at the offer and none at the bid. Though I remember in the SocGen crash my platform did show 1 car at the bid There are different levels for overnight and RTH, I think -5% and -10% respectively.
Is the market selling off again? what? I am sure it reverse and set up another rally to bring back the longs before turning over. However being Friday expect to see a lot of going no where chop.
that is because it is easier to move the market at night with your cancels and less volume. if you have the ability to love the market at night and run stops then you have the knowledge that you did this do you have an informational advantage that you can mow buy the market because you know that you were just rynning stops. totally legal. most of the moves are searching for liquidity