Instrument : E-mini Nasdaq futures
Date : 2021-02-19 11h10
A nice stop run example just happened on the Nasdaq e-mini futures to kill buyers from their positions. This down side move + rejection happened very fast.
Guess where the price should go next…
Update 14h00 (Paris time)
I hope you took advantage of the up move that followed the stop run like I did, but wait a minute…
The same stuff happened again, a second stop run low !
The story behind that is that on higher timeframe, we had a fast short move to the downside while the volatility was increasing. Now the market makers really want to go up to benefit from the sellers and collect their stops.