HI, The NQ dropped 8 points in 5 minutes and then practically reversed the whole 8 points in the next 5 minutes. Anyone know of any special reason (or rumor) for this? Thanks, Tbill
Probably trader with huge resources wanting to make a load of cash. I haven't seen the chart but my guess is that it happened near a swing pivot. Probably took out a load of stops and then drove the price back up. Happens all the time on NQ