If I was a conspiracy theorist, I would think the idea was to just get you to buy blindly. Cover your shorts at whatever price you can before you get further shafted.
Goverment: We need you to hit the scramble data switch, we cant have the ES break that low, and trade down to the 1260.50 area this late in the session.
The main reason why i didn't want to see cme/cbot merge. ICE getting the russell may turn out to be a good thing. The YM trading past 1615 was a welcomed benefit as well.
If I am wrong no problem. My understand, because it's when I started to trade ZC, is that everything was moving to Globex. I had read something about it a couple of months back. It sucks irregardless. I don't trust the data I am seeing. It just keeps bursting.