Memorable spikes that can spark your account (read imagination)

April 28th, 2011, 04:13 PM

I was contemplating going long when a spike occured on the RUSSELL at 16:00 for a quick scalp (4:00pm ET) April, 28 2011.

What a memorable spike

April 28th, 2011, 04:39 PM

Ya I saw that happen and was wondering if someone made a very expensive mistake, such as selling a block way above market?

April 28th, 2011, 06:04 PM

kayaker

Ya I saw that happen and was wondering if someone made a very expensive mistake, such as selling a block way above market?

Volume is typically spiking at 10:00 PM. I guess they are reporting block trades at the close of the underlying market.

But this not always accompanied by a price spike. The price spike shows a 1.1% range for the 1-minute bar closing at 10:00 PM.

Strange. Maybe somebody used a TIC order for the first time.

https://www.ice.com/publicdocs/futures_us/TIC_FAQ.pdf

Memorable spikes that can spark your account (read imagination)

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Memorable spikes that can spark your account (read imagination)