As S&P 500 futures gently probe the other side of 1070, a look under the hood at  how far US equity indices have fallen from their recent peak,  mid-day market internals and  an egregious intra-second iteration of HFT-induced stop-hunting (i.e. electronic rape).
Percent Change of the DJIA, S&P 500 & NASDAQ since their recent peak
Market Internals - UVOL / DVOL, NYSE Tick, VOLD, VIX, ADD
Fugly but nowhere near extremes.
Minute-by-minute Advance-Decline Lines of each US Equity Market
At mid-day, DJIA shows 100% decliners, S&P and NDX-100 94%, R2K 86%, NASDAQ 70%, NYSE 64%, AMEX 46%.
S&P 500 E-mini (ESU10) - 1 minute
Yellow ~ proprietary ZMA, Red ~ 50 EMA, Cyan ~ 13 EMA
S&P 500 cash - Daily
Hovering within the 50 - 76.8 % retracement zone.
9:54:58 ES Tick Hopscotch
From 1079.25 to 1077.75 on a single tick. Laughable.
9:54:58 ES Tick Hopscotch II
From 1079.25 to 1076.75 and back to 1078.00 within a single second.
And about as legit as an online poker algo.
Utterly egregious electronic stop-hunting? Yup.
Disclosure: no position at the time of publication. During any given session we may trade any instrument bi-directionally.