This is like the Twilight Zone...5 pt range after a couple hundred point move in 3 days in ES...looks like they are bleeding out all of that premium in the puts (and call buyers are going to take a nice hit too)...
stock index futures, the perfect central bank tool to rig the stock market. Watch how they jam the futures up tonight. It's so easy now that a lot of players have stepped out of the market. It will be so easy to lift it because it's a ghost town at night.
Took a 30 pt long towards the end of the Asian session to the start of London session last night. So far no trades today.
Saw that too. I never trust those kind of things on a 5m or 15m chart because everyone else sees them and its a great setup to get punked on. Granted, sometimes they work and hold but I'm not confident in where the market actually is right now to take anything. Does seem like it wants 1950 though.
Depth looks a heck of a lot better now compared to yesterday. Last night there was tons of hokey stuff going on - stacking, spoofing, you name it. Couldn't make it 3 minutes without 100 lots jumping in and out of the book (with an average size of maybe 200 per side). Turn those machines back on!!