well...given what we've seen on the bid size in NQ and ES
futures - doesn't take a lot if the plunge protection team wanted
to play around- come in buy 100 or 500 ES contracts at market and
it's going to pop futures hard when I see 7 NQ contracts on the bid
ask. and only 50 ES during the day and 10 at might - thin city. But
these days the Fed isn't really concerned with the market keeping
it propped up like it did in the old days - it needs asset prices
to come down over time
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well...given what we've seen on
ES Support 4072 4035-40 Resistance 4105 4135-40 4155 4175
Posted by matt on 7th of Jun 2022 at 12:05 pm
well...given what we've seen on the bid size in NQ and ES futures - doesn't take a lot if the plunge protection team wanted to play around- come in buy 100 or 500 ES contracts at market and it's going to pop futures hard when I see 7 NQ contracts on the bid ask. and only 50 ES during the day and 10 at might - thin city. But these days the Fed isn't really concerned with the market keeping it propped up like it did in the old days - it needs asset prices to come down over time