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ES Tests/Holds 200 Day MA @ 2530... BOJ Intervention?

  1. With the BOJ owning 75% of the entire ETF market in Japan, wouldn't be surprised to learn of their intervention. Nikkei bottomed about 11:40PM EST, the same time as the ES bottomed @ the 200ma.

    Traders should be on the lookout for more of that kind of thing.

    FWIW....
     
  2. I wouldn't be so sure that we don't test it during rth once weak shorts get washed out