ES Tests/Holds 200 Day MA @ 2530... BOJ Intervention?

[Scataphagos]

With the BOJ owning 75% of the entire ETF market in Japan, wouldn't be surprised to learn of their intervention. Nikkei bottomed about 11:40PM EST, the same time as the ES bottomed @ the 200ma.

Traders should be on the lookout for more of that kind of thing.

FWIW....

 

[volente_00]

I wouldn't be so sure that we don't test it during rth once weak shorts get washed out