#ES_F Daily + Weekly SPR plus IB Levels Chart for Tuesday, May 31, 2016
Violent Close Today?
Yes, it was a reaction to end-month rally combined with a massive MOC. See our comments on the post before this one.
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Violent Close Today?
Posted by
Hamzei Analytics, LLC
at
4:30 PM
Given the very high MOC we saw tonight (near $2 Bils), which is End of Month too, the ES reaction near the Cash Close was a classic BUY the MOC Stocks and SELL the Futures.... thus a sharp sell off in ES for couple of 5-min bars.
Posted by
Hamzei Analytics, LLC
at
4:15 PM
Posted by
Hamzei Analytics, LLC
at
6:15 PM
Posted by
Hamzei Analytics, LLC
at
4:45 PM






