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Program Trading

Yesterday was interesting. The SPX was down all day around 1%, sometimes as low as 2%. This is what it looked like on 15 minute charts.

Monday 8 June 2009 SPX 15 minute bars

Monday 8 June 2009 SPX 15 minute bars

At 3:15 a buy program kicked in. It was awe inspiring to watch it move the market straight up.

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Posted in Technical Analysis.

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