This is insane. What is going on? That is the fastest move I have ever seen in any commodities market EVER.
As much as I love volatility I have NEVER seen anything like it. This market traveled nearly 5 dollars in less than 12 hours!!
Just peeled down a $1 in 10 minutes. Crazy action, I wonder who the heck is pushing the buy and sell buttons here. Someone is making a mint and someone is absolutely getting killed.
I think the mint to killed ratio is probably a rough 1/10,000. Watching this chart and NOT being involved is fun though.