I was unable to work up much enthusiasm for bottom-fishing in the E-Mini S&P, but this vehicle looks somewhat more appealing, since a midpoint support at 10269 occurs, so to speak, in the middle of nowhere. You can bottom-fish via a 10271 bid, stop 10264, good till noon EST. ______ UPDATE (1:27 p.m.): This is the sloppiest action I can recall, going back months — a market adrift. The expected bounce from 10269 lasted all of five minutes, stopping out longs with a $70 trading loss.
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