12 replies to this topic

[Bob-C]

Hi everyone, they ran the SPX futures up 6 points and the NDX futures up 9 points from the start of futures trading. IMHO, they're setting up the markets for the next sharp drop as early as Monday and/or on Tuesday and Wednesday. They are in a rush to dump out, i.e., distribute, the stock-index futures' contracts that they took into their day-to-day trading ST inventory on Friday's decline at the close of Friday's trading and then they will sell stock-index futures short prior to the next decline in order to profit from that decline when they cover their short sales.

Cheers,

Bob-C

Hi everyone, IMVHO, after they finish distributing their inventory of stock-index futures' contracts to the short sellers that they are currently squeezing, they will then supply the short sellers stock-index futures' contracts by selling short stock-index futures' contracts to them and then profiting on their short sales during the upcoming potentially very sharp ST decline possibly on Monday and/or on Tuesday and Wednesday. They are urgently dumping their inventory of stock-index futures' contracts in anticipation of the next leg down. IMHO, this is standard operating merchandising procedure for all worldwide markets which are merchandising vehicles.

Cheers,

Bob-C

[arbman]

Apparently so far it only reversed the Friday's closing sell off, this ES 1462 level proves to be a very difficult resistance. It is amazing how critical the Monday's trading is for the rest of the week...

[thespookyone]

Gap, SQUEEZE,run. That's my FF here.