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by Tyler Durden
Fri, 06/19/2020 - 10:46
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In a mirror-image move of May's WTI collapse, S&P 500 futures had a 'WTF' moment this morning as the June contract expired.
In the final 5 seconds of trading ahead of the expiry of the June futures contract, the S&P exploded over 30 points higher (from around 3160 to close at 3196) on notable volume...

.as we suspect some options market-maker's algo went wild in its last ditch effort to minimize pin-pain.

This was absolutely not evident in any other contracts...

This massively decoupled from the June contract, and since June's expiration, September futures have done nothing but fade...

http://www.zerohedge.com/markets/did-someone-just-get-carried-out-sp-futures

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.