probably some but remember there's so many bots now trading
algos, and lot of pros are gone for the year. I think most of the
gyrations have to do with all the algos honestly, it's most of the
market now
the plunge protection team would in theory buy at critical
junctures, via buying futures. But they could not buy a rally like
that all day and support it that's too much volume, basically maybe
they would provide a 'spark' or try to support price overnight
futures. Otherwise once you get a turn -then all the trading algos
catch it and pile on. remember they are most of the market volume
now
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ES Tagged 9 day EMA
Posted by steve on 27th of Dec 2018 at 08:14 am
ES Tagged 9 day EMA overnight where it found resistance. Overnight Range 2422.50-2481.50
Total Rally 164.75 points
Overnight Pullback 59 points
buy the dip?
Posted by morton7 on 27th of Dec 2018 at 09:20 am
buy the dip?
seems like a bear flag
Posted by ruscitti on 27th of Dec 2018 at 08:46 am
seems like a bear flag forming over the last couple of hours
I have impression, this all
Posted by lester on 27th of Dec 2018 at 09:00 am
I have impression, this all has nothing to do with tech analysis, it is a plunge protection team miracle.
probably some but remember there's
Posted by matt on 27th of Dec 2018 at 09:25 am
probably some but remember there's so many bots now trading algos, and lot of pros are gone for the year. I think most of the gyrations have to do with all the algos honestly, it's most of the market now
the plunge protection team would
Posted by matt on 27th of Dec 2018 at 09:28 am
the plunge protection team would in theory buy at critical junctures, via buying futures. But they could not buy a rally like that all day and support it that's too much volume, basically maybe they would provide a 'spark' or try to support price overnight futures. Otherwise once you get a turn -then all the trading algos catch it and pile on. remember they are most of the market volume now