What the hell happened at 3:30ET ? I step out to brew a pot of coffee and 20 minutes later the ES is down 20 big ones.
Yeah, surprised me, too. The way the ES was trading today I was nervous and while I had my current trade being a short from 1493, I moved my target stop up a bit, got out at 1489, and called it a day. Then I saw the plunge from 1492 down to 1473 and am kicking myself either for getting out when I did, or not getting back in on a pure momentum play. Grr. Tomorrow is another day....
I'm wondering if these big late moves are usually one player like GS or multiple big players co-ordinating. Somebody expended a lot a capital for that and now it's popping up again. Anyone know how that works?