There's gonna be some sick puppies in the AM. This changes everything. I gotta see where support is on this thing. Whatcha see Mick? Edit: 3190 worse case.
Ok we got got a dead cat bounce at 3300. Those were probably protective overnight stops. Wait till those cats wake up. "Happy Friday morning".
What makes you say that? There is nothing on a HTF chart that would suggest this (to my untrained eye anyway) If they entered today on a daily chart wouldnt they put their stop ~3290 which is around previous LOD? Or do most people like to use whole numbers and thats why you say that? Even then wouldnt it have to go 1 tick past 3300. The low during that sell off was 3300.25.
Yeah its a little more involved than all that. Suffice it to say the algorithms are very complex and have access to the DOM among other things that retail doesn't and they act accordingly. It's all math on the overnight for the most part.