S&P 500 Bid x Ask Size Increased today?

Discussion in 'Trading' started by snp500, Apr 21, 2009.

  1. snp500


    I'm an intraday trader and part of my strategy involves being able to read the order flow.

    I noticed a large jump in the size of bids and offers in the DOM today. Is there any reason behind this?

    In the past few months, it has been approximately 800 x 800. Today it was more along the lines of 1200 x 1200.

    Thanks much in advance for any insight
  2. JMHO of course, but DOM works best for very short term only. At these levels, expect bull / bear battles to heat up more than usual.

    Keep in mind where we are on a bit longer time frame - top of range. Extremes (top and bottoms) seem to attract more interest.......nature of the biz as well as a heads up.

    Again - -JMHO.

  3. snp500


    Hmm, possible. Thank you for your insights.

    Any other thoughts? Anything fundamental happen?
  4. A new 400-lot algo has been "unleashed" on the market. No big whoop. :cool:
  5. Battle for Dow 8K, and Spooz 850