Volume is huge , Current volume in ES is 500k If we assume Fed (or some major bank which is less probable) bought around 100k of those - that's just 15 billion. Or if counting margin less than a billion imagine you can stop panic with just billion dollars even with current bubble valuations Don't fight the FED! And don't tell me it's not The Fed. WHen Ukrainian plane went down someone went in and bough 10 000 features within a minute I only see one huge plus about all this charade At current valuation companies will exhaust their buyback abilities quite soon (hint : Apple)
ES volume is huge now, and will be uber high by RTH close tomorrow, because there's Iranian stuff going on. It ain't the Fed. The Fed is, like, asleep. They are bankers hours.