The roll over has begun!
Tomorrow we have MBA Purchase Applications, Quarterly Services Survey, EIA Petroleum Status Report, 10 Yr-Note Auction and the Treasury Budget.
Getting a little ugly in front of the PitBull Thursday/Friday Low the week before the March Quad Witch.
As of todays close the S&P futures have been down 7 out of the last 10 sessions or down 77 handles.
Pretty much a bee line straight down with the expectation of the earlier 2051.50 low and the push back up to 2061 its been all sell programs and sell stops.
MiM Trade Was Killer Today!
High: 2062.00 Early
Low: 2041.00 Recently
Last: 2041.70 Down 36 Handles
Volume: 1.9mil ESH and 8SPH trade in the pit
MOC: MIm showed $366mil to sell; actual was sell $1.1bil.
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