I also saw OP said forex market is scam. So don't take this guy seriously. He also show on other issues that he has problems with his mind.
I would be more specific and say it was a relentless rally, rather than volatile. To me volatile means up and down, so both longs and short get stopped out until the ultimate up or down side becomes obvious. (kind of like FOMC action sometimes for the first few minutes after 2pm) So if this was rebalancing, and all the markets were bid heavily, does this to you mean people are rushing into equities thinking the bottom is in? And if market makers are exploiting these inflows, does this mean they overshot it and hence there will have to be a retracement back down since it went up too fast? Curious about your insights.
So it was the MM's doing it's just that it wasn't related to retail traders. I went back to the date of a previous S&P rebalancing when Tesla joined the index and you are right, there was a similar EOD price pattern as well. Where can you find out about those rebalancing events? I think it would be useful to find out about them ahead of time so I can plan my trading accordingly. Thanks
I don't know what SOES is, but I guess it relates to order matching in stock trading. I could look it up, sure...But it must have been a thing, because does anyone here remember a user named "SOESwasbetter"? I REMEMBER that nick, and always wondered what that was about. Well, now I know.
you need to substantiate your statement with facts / data / evidence. If not, your writeup is considered as garbage / nonsense.
SPBL program buying. One of the strongest trend days. All day long. Every time tries to go down every pb is bought and prices continues up. One way to play this is just keep adding to a long position on every PB then exit before EOD.