Today's ES at close

Discussion in 'Index Futures' started by chucksil, Feb 29, 2012.

  1. chucksil


    The ES (e-mini S&P) dropped about 8 points in a few seconds at the close, then recovered. Is this due to the "rebalancing" that I hear the leveraged ETF's have to do every day?
  2. The cash SPX did not make that move down. Might have had something to do with EOM futures options or could have been a fat finger.

    Unless the perps confess it is difficult to know exactly what happened.:confused:
  3. wrbtrader


    You're having data problems.
  4. Bowgett


  5. ocean5


    This was the first sign of the 1-st leg correction.
  6. wrbtrader


    Ahhh...I thought he was talking about 3/01 because I saw the first reply as dated 3/01.

    As for the prior trading day, must have freaked some folks that were closing or opening positions.
  7. ajcrshr