They actually spiked up the futures on Sunday evening to ES 1398 and NQ 1747.75, then after wasting just about every stop out there, they have brought them down to Friday's resistance levels. It's right there in the time and sales and now of course, all the charts are messed up. It's either the blow-off top future's trade of the year, or they are actually going to take cash up there.
A clue as to where they are going to take ES? It's pretty blatant manipulation and it's best not to fight it. Now that we are back to "normal", watch NQ 1723/1724 resistance.If any of you got stopped out on this creepy move (2% in a few minutes, give me a break), please let me know by e-mail or comment.
This entry was posted
on Sunday, October 22, 2006 at 4:41 PM.
