Post Match

09:22 +1 @ 4356 -1 @ 4358 +2
+1 @ 4354 -1 @ 4355 +1
Bounce off lows. Then some large orders and spoofing pushed me to pull early.

11:14 -1 @ 4357 +1 @ 4357 0
As bonds had been tanking I reasoned that some stock selling would follow to take advantage of high yields, but this did not materialize.

14:02 +4 @ 4382 -4 @ 4387 -20
I had this order resting to go short at bottom of value area. Stopped out. Although market did actually stop here ahead of announcements.

14:11 -2 @ 4386 -1 @4385 -1 @ 4384 +3
Tried the same trade in case my stop had been too tight. Pulled before figures.

14:30 +2 @ 4389 -1 @ 4378 -1 @ 4377 -33
Went long on bullish headline figures, although import prices were also high, yet there were market forces behind a move downwards before the subsequent positive adjustment. Probably the sensitivity to bond yields we have seen in the last few days. Forced out.

14:46 +1 @ 4393 -1 @4395 +2
+1 @ 4391 -1 @4396 +5
+1 @ 4392 -1 @4390 -2
Went long with a >40000 lot push past the earlier highs, and then added on a dip after some profit taking.

14:55 -2 @ 4389 +1 @4389 +1 @4390 -1
Reversed stance on the view that the highs had held and the buying volume was exhausted, quickly scratched this thought.

15:02 -2 @ 4407 +1 @4406 +1 @ 4411 -3
-1 @ 4407 +1 @4412 -5
Expecting this resistance trendline to hold risked an extra lot, as it had already been on side, and also added another lot on a dip. Stopped offside before it came back to 4395.

15:41 +1 @ 4405 -1 @ 4400 -5
On suggestion waited to see if market held position, then went long after first signs of strong buying hoping not to loose the next move up.

16:09 +1 @ 4395 -1 @ 4409 +14
+1 @ 4393 -1 @ 4406 +13
Also on suggestion had placed resting orders at the bottom of the bell curve that was forming. Profit taking on 1st lot, trailing stop hit 2nd, after failed expectations of 4414 to break with authority. Resistance trendline holds on S&P.

Some consideration on the nature of the moves in bonds leads me to believe there is a lack of global consensus on rate forecasts, and that the cause may be intense selling from a circle of powerful participants, and so yields may have little room to continue rising.

-19