August 2015 wasn't really much of a flush. It was just a Yuan devaluation by Xi. The markets just went sideways until Brexit & Trump's first Presidential win. The real flush was the 2018 Q4 collapse into Christmas caused partly by tariff talk and partly by Powell's automated QT & incremental rate hikes. The Greek & PIIGS debt crisis was a real big flush as well. The markets took after that in 2012. That was really the beginning of the rise of the original FAANG.
I am talking about August 20-24th specifically. Maybe the only time ever the weekly chart was stretched out way below the Bollinger band in an extreme way. There's a debate how low it went on the 24th with that Flash Crash in the open. Regardless of the reason, that was one of the most extreme short term flushes. I'm talking about tanking, not the drawn out selloff that gaps up everyday and fades like 2018. That took like 3 weeks to play out.
SP500 down another 200+ in pre market.. Market should V sometime today to close well off the lows, if it doesn't and it closes near the lows then its signalling more really bad downside..
TOLDYA PUNKS SO i just sold my UVIX for a 45% gain muhah will be rebuying into the close UVIX SQQQ SOXS cuz hold on to your peckers kiddies we're gonna have a BLACK MONDAY so i go long shit like this