YM spikes 75 points in under a minute

notouch · #1 (**permalink**) 05-15-2007, 07:20 AM

Someone decided to buy a load of contracts then a load of stops got hit. Time zone is UK.

Soultrader · #2 (**permalink**) 05-15-2007, 07:30 AM

Interesting. I missed that one. Here is an interesting Support level coming up on the YM.

Cluster of weekly piv, S1, and 2 day 61.8% fib retracement.

Note: The swing low on the fib is using a 9:30am EST open and not a 24hr timeframe.

Soultrader · #3 (**permalink**) 05-15-2007, 08:51 AM

	Quote:	Soultrader
	Interesting. I missed that one. Here is an interesting Support level coming up on the YM. Cluster of weekly piv, S1, and 2 day 61.8% fib retracement. Note: The swing low on the fib is using a 9:30am EST open and not a 24hr timeframe.

Anyone catch that? Ym trading at 13403 now...

cooter · #4 (**permalink**) 05-15-2007, 09:14 AM

Happened a few months back on the ES - someone put in a pre-market order for 15,000 cars.....and the trade wasn't busted by the CME.

notouch · #5 (**permalink**) 05-15-2007, 10:22 AM

Soultrader that second one was easy to explain - CPI Tuesday! Keep your eye on those economic numbers. ZN and ZB acted as predictably as always.

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