12/10/18

Margin Call: Burst Of Sell Orders At 2:43PM Was Highest Since The Flash Crash



----
Margin Call: Burst Of Sell Orders At 2:43PM Was Highest Since The Flash Crash
// RSS

Earlier today, when looking at yesterday's dramatic market plunge, we highlighted a note from BMO technical analyst Russ Visch who showed that, according go the NYSE "ARMS" Index which is a means of determining market strength or weakness by analyzing the relationship between advancing stocks and declining stocks and their respective volumes, Wednesday's selling pressure was actually not that high despite the seemingly relentless push lower in stocks in the afternoon.

In other words, there was no "selling panic", and no legitimate liquidation as the selloff was largely a function of coordinated deleveraging by both hedge funds and ...

Posta un commento