I can only explain such behaviour as result as any news but I didn't find anything that could create the pop. Would anyone more experienced than myself explain it?

Thanks a lot.

nonojnet 

I can only explain such behaviour as result as any news but I didn't find anything that could create the pop. Would anyone more experienced than myself explain it? Thanks a lot.

Trump requested waffles instead of pancakes for breakfast. LOL!

Actually he supposedly made a statement about being close to making a deal with China but he doesn't know if he wants to do it.

Rumor at this point but the markets are very sensitive to anything trade related at this point.

Algos bein' algos. Just happened again.

Just a two-legged move down from yesterday's high.
First leg down from 2745 to 2729.25 - 2nd leg from 2740 to 2724 = leg1=leg2.

The 10.30 bull bar was just bulls scaling in and selling at the new high, forming a 50% pullback from yesterday's high to the 10.25 low

You'll get a bunch of different answers. Low supply below 2700. Most active price in the past 3 months is 2730. When price dipped below that and supply was dry (no volume), the path of least resistance was back up. It's like a slingshot. I used the same line of thinking for a long in Russell Futures. I was actually long overnight 1524 on increasing volume at yesterdays highs. When price dipped I didn't dump it because of what I just described. I felt confident my trade was still in play even though I took 10 handles of heat. Not the best trade but a positive trade is still money in the bank.