Where's the Plunge Protection Team. This thing is falling apart.

in money •  8 years ago 

I hope we get a harder selloff into the close.

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The plunge protection team is on break right now. They had to go sell off. They Might not make back today. This is getting ugly

20170517_155425.jpg
The day's decline so far. ES
Francis

Picking a bottom or top is tough. Close enough is the likely catch.
It doesn't feel like a "sell all holdings" yet. And the daily chart, though the candle is ugly, the daily is hitting some important support. Not saying it cannot fall farther.
Another factor to consider, is the April 21 close and April 24 gap open has been closed. At least on my chart. Sooooooo
Francis

They might be waiting for the over night clean up crew lol.

Fine with me, I got SCHB loaded up to buy tomorrow to ride the S&P back up if that's the case.

It took a day for the Algo Traders to change the programs on their trading computers and reboot.