Well today was the first day I haven't seen this buying activity in the last 2 minutes of regular trading and there was no such mysterious buyer before futures closed. In fact, in the last 4 minutes of futures trading (not shown below) there were 2000 /ES sold across 4 trades. Perhaps these were just computer offloads from a bunch of smaller sells it took right before that, but I don't think so.
The most eye-catching thing I saw was a complete polar opposite of what previous days had shown in the last seconds of regular trading. Did Trader X have to close out? What changed at the close today that stopped the mass buying all of the sudden? I'm just citing "observations" so do not mistake this as a burned short or anything like that (go read the last 100+ posts). It's just that I loathe liars, cheats and thieves. Since I've been trying to record the closes (up until futures close) each day I've just noticed certain patterns. I'm not suggesting you draw any conclusions about tomorrow's trading based on this screenshot (it would not surprise me though...tomorrow being the advance gdp numbers). We call this "liquidity" and "price discovery". In 4 seconds the computers discovered a new price for the market and took your liquidity before you could blink.
Today
Does Team SLP tweet? Can someone hax0r into their box and see if they turned off the spyGunner cronjob? Here was a nice flock of buys coming in the last minute of futures yesterday. You know, before today's run up to 995 (as I watched the SRS traders get SPARC'd). Source these trades...
On a different note, as long as the CME allows flash orders the rest of the indexes can be worked sort of. It's where a lot of the bullying takes place.[Addendum] Euro no play ball today despite the commodity stocks blasting off (DXY was down but noting the under-performance of the Euro) . I don't think Trader X had enough funds in his FX account to move it. Will want to monitor that before I declare the reflation trade a "go". One day a trend does not make. This means I did not bail out of EWZ yet. It's rare that I react to something during the day until I can understand what the catylst was. If I wasn't prepared for today, yesterday, then there is no way I will be able to make an informed decision based on a CNBC breaking news banner.








