
The E-mini S&P 500 futures (ES_F) market has experienced low liquidity and trading volume over the past two days. On September 24, liquidity was described as a 'ghost town' with an order book depth of 40,000. Despite this, new highs were anticipated. On September 25, the market delivered 12 points in the AM session, but overall trading volume remained low, failing to break 700,000 by 2 PM. The day was characterized by choppy trading in the morning and a boring session in the afternoon. The #SPX also saw similar trends.


