HOW ? -- MNQ Final Minute Jump, 2022-10-25 WED

[CharlesS]

Can anyone suggest an explanation for the MNQ contract having such a huge jump in the last second of today's session ?

The close miraculously matched the open, making a huge reversal bar.

Curiously no volume jump accompanied.

I don't usually trade in the post-cash final Globex hour, is this jump at the close not-so-rare ?

1st image below from post-cash final hour, MIN01 chart, at ~15h59:12 CST,
2nd image after close

UPDATE @16h59 CST: Refreshed IB charts show the close back to a level in the zone of the last bar of the first chart
.... and just now, at open of new Globex session 17h00 CST, there is a gap down from that revised level.

One wonders how much of this gyration is IB, how much is CME, & how much is other links in the chain.

 

[Overnight]

Can anyone suggest an explanation for the MNQ contract having such a huge jump in the last second of today's session ?...

It didn't. Here's the cash close...

Here's the ETH close...

Looks like your chart just had a glitch.

 

[Overnight]

Actually, looks like your whole data stream was bonkers in that last hour. The price was in the 7xx.xx range the whole time.

 

[Overnight]

Here's what the final 2 hours looks like on a 1 min chart I pulled up

...

 

[Real Money]

A lotta hedging in this market. With VIX so high, moves like this are no surprise. Big moves on USD and bonds today.

 

[CannonTrading_Ilan]

Big earnings came out right after the close. Right at 4 PM Eastern it was Google (Alphabet) who came out and missed expectations.

Here is my 10 seconds chart for the MNQ for the few minutes before and after the close of the cash - that was a very large, sharp, fast move.....: