Didn't CBOE recently announce that they would offer their own MOC mop-up orders for NYSE (or something to that effect)?The reason for the huge candles exactly at 2:50 pm CST
Yesterday: https://www.zerohedge.com/markets/sp-futures-crater-40-points-one-tick-huge-closing-imbalance-sale
Today: https://www.zerohedge.com/markets/sp-futures-surge-20-points-one-tick-2bn-moc-buy-imbalance
Can be a short term strategy by itself....
Overbought on what basis?
It seems to me that overbought (and staying overbought) is the default state of this market most of the time.![]()
It seems we should have no ES positions at 3:50 EDT then ? Today's spike retraced 15 points by the RTH close.The reason for the huge candles exactly at 2:50 pm CST
Yeah, but it's a binary situation.....50-50 chance of selecting the correct direction.Can be a short term strategy by itself....
We will sink like a hippo's turd, don't forget my name.

Crap, that means Surf might come back.Lot of folks coming back to the forum now that their Home Depot jobs are considered non-essential.
Lot of folks coming back to the forum now that their Home Depot jobs are considered non-essential.
