Trader XYZ

Price is one component of market analysis and while the saying, "Only price pays", it's good to understand as much as you can about the market. There's another saying, "What everyone else knows isn't worth knowing".As for price pays and basing analysis on price only, here's one of the pitfalls of ignoring market breadth....

We live at the right side of the chart, this day down in the Dow-30 on

Anything look unusual on this chart of Crude futures today?




Pay attention to the timestamp on the chart...

9, 10, 11, 12, 13, 15, 16, 17

Uh, where's 14 (2 p.m.)?

The chart goes right up to 14:04 then jumps to 14:21 then to 15:15 (2:04 p.m. EDT / 2:21 / 3:15)

CME, where CL (Crude Futures) trade, went berserk apparently from an algo. They shut down the system, cancelled all open orders and