Closing Imbalances – Premarket Stock Talk
Yesterday’s closing buy imbalances were the driver for the strong close. We’ll discuss the details. FDO disappoints on earnings. BIIB drug fails to meet endpoint. Same store sales Thursday. Premarket trading analysis:
Appreciate for your insight into the close moves. Here’s the weird things I saw, I suppose they had something to do with the imbalances.
What I saw was likely some sort of feature/bug in IB’s TWS platform -theory: If the TWS charts are open watching live markets, the volume bars get some additional “prints” from the exchange that aren’t properly distinguised in the client side platform from the regular data which they don’t provide through historical queries. Clearly they are making disctintion when storing the volume for later accessing.
28.12 (Don’t have exact time, within 15-17 EST)
5 Million ES futures volume for a 2 or 10 min bar finishing a sell-off trend, it went on bull trend soon after.
28.12 16:59 EST
3000 in JPY futures for a 15 second or 2 minute bar) on a bullish bar. No such bullish bar there in historical data now.
Today 4.1 there was a massive drop about exactly at 14 EST.