Fed pumped in $8B between 11 AM and 11:20 AM. If the rest of the market figures out that the bazooka is empty until Monday, we could see 2920-30. If the next attempt to push below 3000 is also bought as were the first three attempts, then I like your 3050 and even higher up to and above the Globex high. It will be a deflating way to finish the week if we just wind it down here. It is certainly set up for another super squeeze such as we had yesterday.
you got your 14 Spooz..seemed to be good stopping (bid) volume in that area but we are getting to the 215edt witching hour
Oh I bet there's massive stops a few points below the LOD. Only if we can nudge, or maybe poke, at few of those. BTW love your nick.
There's been no volume on the bounce, unlike yesterday. If this gets bought again today it is algos not fund managers doing the buying.