This is the 50 tick chart. This is the lowest I could drill down to. But imagine that. The majority of the drop happened within 50 ticks!! That's like in a blink of an eye. And here's the 1 minute chart. The dotted line corresponds to the initial plunge in the above chart, which as you can see accounted for half the move down.
Triple divergence on the 15 min charts. Last time we got on, it was on the 2 hour chart a week or so ago, and then market died hard. If we can push through this level, we have some more upwards movement to go
Yes. Crazy. A lot of of people must have lost a lot of money last month on that prior CPI drop. Hopefully, some learned that lesson and didn't repeat it this month, but I imagine many lost a lot today as well.
I was able to pull up a 33 tick chart - and during that wide range red candle there was up volume of 51 and down volume of 2765 or 99.88% down lol. The time of the bar before was 8:30:01 (note same for the previous 5) and time of the WR bar was 8:30:21, the time of the bar after and the succeeding 22 was also the same 8:30:21
Crazy day for sure. From -2,38% on the Open to a high reading of + 3,07 %. Who's gonna lie and say they predicted this...
I wonder who those 51 buys were? Probably the shorties taking profit. Anyway, today's move was just like the Flash Crash.