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Thursday, October 9, 2008

S&P 500 emini futures trading , this is a circuit breaker chart

This is what the market looks like when the circuit breakers are hit.

You can see how many times the market took on the low and bounced.

Plunge team was in the market.

S&P 500 hit the thresh hold and as you can see the aggressive sellers were all filled.

There is a bout a 2 tick bounce on this action.

Very risky play.

Watch your self on the breaker levels if they come. If they shut the market for 2 hours, you could gap down.

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