Following the first half a year spent over the break-even line U.S. equity indices moved lower in early August and hit a yearly low in very quick time.
Following the first half a year spent over the break-even line U.S. equity indices moved lower in early August and hit a yearly low in very quick time. After placing base, the forex market rallied up 10% in six days, dropped 7% in 3 days, rallied up 9% in more effective and also and also in 2 in two days dropped 8%.
That's then a two-day move that rallied up 5% and dropped 6% within the next a couple of days, and also over the examples below five days rallied up 7%. Over the next three days a drop of 9% was seen.
The next major move was obviously a rally up of 7%, as well as a subsequent four-day move that dropped 10%, culminating along with the re-setting of yearly lows on October 4th. The subsequent 5 days rallied up 11%.
Traders then saw two big gaps to the highs of August which are then two large gaps down, with both moves happening in Futures trade in front of this individual 9-to-5 cash market open.
A smaller rally up was accompanied by another big day down. Within a couple of days it has another Futures market gap up, followed by another big drop for the reason that market transpired 9% in 7 days.
A couple weeks ago saw 2 days that gapped up by 6%, ....Read More