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Yeah, luckily he only spent a few months there. Goldman Sachs, Morgan Stanley, Deutsche Bank, etc. are all crooks with massive staffs of quants and programmers. Still, Navinder was smarter than all of them as he found a glitch in the CME order book that he exploited. All of these firms are in...

Yeah, I hear you and I can't disagree....but wow, things are really out of control when an exchange "pins" the close and then moves the price right down to where it should have been before the close. Terry Duffy and the CME officials can go F-themselves in their luxurious Chicago mansions. To...

Yeah. well the big swinging dicks on the CME can suck mine....that's just obviously crazy, manipulative price action.

Yep, and then the futures go straight down after 4 pm. Oh, the manipulation.....where can I file a complaint ?

Wow, looks like the big Hedgies are targeting 3100 for the S&P 500 cash close. Perfect for those who are short at that strike price.

Well, today in ES the Dip 'n Rippers gave a half-hearted attempt at a rally around 11:19 am.They dipped them about 8 pts, and reversed them 12 pts in 4 minutes....That's been about it. Where have they been today ? From a technical standpoint, we painted a beautiful triple bottom in ES around the...

Well, Globex did steal the show so far today. It seems that we always start to zoom as soon as European markets open up. NQ has a shot at all-time highs today.

Wrong. The Dip 'n Rip crowd pulled an incredible move at 10:30 am today....14 pts down, 18 pts up in 3 minutes. That was their announcement that they're back in control again. Then, they pulled the same move at 3:00 pm....took out the longs stops and ripped-up to the close. With tomorrow being...

Of course not. But how could he ? 500 stocks ? First of all, he was controlling the CME's ES order book programatically. For the most part, I think he was fooling other bots/algos instead of the specs. He was only winning a tick or two on each trade, but of course he was trading 100-500 lots. So...

Sorry Bone, but one guy did in fact do this. His name is Navinder Sarao. And he pulled down over $70 million in the E-Mini market over a period of 10 years by scalping using an algorithm. His big mistake was not quitting while he was ahead and instead he took on the CME Group and the CFTC when...

Who invited the Dip 'n Rip crowd back ? LOL.

Whoa ! There have been no bids in ES/NQ since the close of RTH. Does this mark the end of the bully for now ?

And where is that flow ? Diesel fuel prices just hit a 21 year low. WTI crude should be around $20/BBL right now. Any premium above that is strictly due to OPEC supply constraints. Demand for gasoline and diesel fuel remains weak.

Yeah, but it's opposite when there is news from the oil patch like we had today. Look at the charts around 10:30 am.

I can't believe "Cheerleader" Powell is speaking again today. https://www.nytimes.com/reuters/2020/06/05/us/politics/05reuters-usa-fed-powell-congress.html When, oh when are markets going to get back to normal without government influence or intervention ?

Guys - this sounds crazy, but it appears the crude oil market is affecting equity prices. Today's EIA 10:30 am report was constructive for crude oil; ES and NQ then went right up after that. Crazy PA.

Texas Covid-19 hospitalizations surged.

In typical E-Mini fashion, we hit ES 3063 at 11:00 am and went straight up 35 pts from there.

Breaking news from Bloomberg......Florida and Texas Covid-19 infection cases rise.

17 pt move down in ES in one minute. (50 pts NQ). Pretty impressive volatility here.