Final update: we have seen significant sell orders from Chi Corp and MS this morning and other institutions are two sided. The market was pushed down initially by No 1 to its initial low print, and then pushed back up by him. Since he left, we have seen more sell orders from institutions coming through though Swiss was a good buyer
Final final update: very low volume on the low print - could see reversal if low volume persists. Cum ES Relative volume running at 115% of 9 day average. If the volume increases, then it could become a trend day (to the downside being my guess).