Strange Reaction So Far In ES

Mike Paulenoff By

ECB Hikes 50 bps... from 2.50% to 3.00%... Hmm... ES has traded in a weird orderly manner to the downside. No knee-jerk algorithmic 40 point down-spike. On the contrary, ES has pressed methodically lower from 3910 to 3896.50... Last is 3899.75...A very strange reaction so far...


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