thursday thunder, thrashing and threats, page-11

Over the last couple of months I have been compiling data based on yet another esoteric thing...

Watching "closing action" on the SFE SPI futures contract... Between 16:10 (cash market close) and 16:30 (Futures market close), I record the large order trades (single lots of more than 20 contracts) and specifically record the largest contract trade and the direction in which it was made (buy or sell).

In the following grap I have put this compiled info ont a 4 hourly chart.

Green up arrows denote that the largest order trade was a buy.
Red down arros denote that the largest order trade was a sell
Brown sideways arrows denote that the difference between large order sells and large order buys was negligable.

The numbers beneath the arrows denote the actual volume of the largest trade.

Note that large numbers come in on Index Futures contract expiry.

Anyways... esoteric I know but I do find this somewhat interesting...

;)