The low in S and P futures has been seen tonight

IB has gotten ride of day time margins yet again, it always happens at the low...

 

Can you elaborate? I'm a new IB user and don't really understand their message.

And do you personally think we hit the low?

 

There is some truth in that, and we're near the low of the recent range.

 

During reg bus hours you can more bang for your buck. Overnight they allow less leverage.

 

It's a sentiment indicator and contrarian at that.

 

based on Options price inflections you should see a new low this week of 1170 on Monday and a High of 1240.

 

i don't know if we've seen the low but i am surprised that there are buyers willing to step in above the 1210 level.

 

lol.. low will be set tomorrow .. unless fed acts before 9:30 NY