We also could say that it was simply a fight bull vs bears about who wants to go long into October and that in a election year. Given that the bulls did ok, cause they prevented market from falling a lot today, which would have been pretty normal on a Sep 30 right in front of ab election.
I only look at ES. The overnight low was 3301. Look where cash closed. Nothing bearish to see.
They will use the 1.6 Trill. They will do this rechnically good, cause they are advised by hard core pros (Goldman, JPM and wotnot).
They will win the election, if we like that or not. Market will not