Thank you. The bots are taking the mkt to a target buy zone. My bet is still the same, 46-50 area for ES.
That was a double stopper popper on the upside and downside. That long was a loss. If they break 75, I would cover shorts.
Bringing it down to somewhere below 70 is very profitable consider that there are many long term hedge funds are net long from below 60 and like having their stops raised up as of open today.
There is absolutely no size being run today. There are 2 mil contracts overnight on the front month. We need to see at least a run of 1/4 of that to call the bluff Volume will tell. Edit: Price-wise - right below 70