We've seen a slow 23% drop, now we wait for the 50% flash crash
The perfect trap was set during FED day just before negative GDP was released
Average volume of the 2008 lows are marked as the yellow line, we are still no where near
The perfect trap was set during FED day just before negative GDP was released
Average volume of the 2008 lows are marked as the yellow line, we are still no where near
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DAILY CHART
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more realistic move
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Yellow lines ended up pretty good
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The real move is coming now (220 was a bit of an exaggeration...)