 Did you know there are actually laws on how large institutions can trade? And this trading activity potentially broke those laws. Let me explain. CME Rule 575 prohibits disruptive practices such as spoofing. This is defined as bidding or offering with the intent to cancel the bid or offer before execution. If we turn on Bookmap's heatmap, we can actually see spoofing in action. I'll show you what I mean. So we have a bunch of limit sell orders waiting to get filled here. As price approaches the level, someone adds some massive orders to the bid. They then cancel their orders just before getting fully filled, breaching Rule 575. We don't know for sure, but this player could have been trying to push price into his own sell orders. But the most important takeaway here as a small retail trader is can you use this insight to develop a trading plan? Hit subscribe to attend a free webinar and learn more about spoofing.