Not by hedge funds with massive SPX call options positions with a strike price of 3000. Obviously they need their month-end statements to look good.I suppose 3K won't be given up without a fight.
Sorry for the slow response Relent,
on 60 min chart we broke up above the 2965 area which was a lid since 4/29..then a successful re-test with another leg up to highs yesterday...generally fakeouts will reverse on 2nd leg failure..b/c re-test held, we should get another leg up first..
Floor construction is occurring at the 3010 area. ---Staying long----I expect higher pricings----much, much higher.
Sorry for the slow response Relent,
on 60 min chart we broke up above the 2965 area which was a lid since 4/29..then a successful re-test with another leg up to highs yesterday...generally fakeouts will reverse on 2nd leg failure..b/c re-test held, we should get another leg up first..
3000i cant find any news. Was that just a short squeeze