Epic Market Closing Ramp Materializes Out Of Nowhere On No Volume, Provides Great RISK-ES Reentry Point

Tyler Durden's picture

The Treasury may be ceasing the incremental funding for its market manipulative ESF.... but not quite yet. Presenting the E-mini surge on absolutely no volume. According to Chicago floor traders, at least one bank bought 150 S&P contracts at very the close with one obvious purpose: ramp the stock market into the weekend. Luckily, for the observant ones this is merely another free money opportunity: the ES-RISK spread just soared and presents the latest compression opportunity.

And RISK-ES: