Algos Suddenly Panic-Bid Stocks To Sunday Night Lows, Now What?

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Algos Suddenly Panic-Bid Stocks To Sunday Night Lows, Now What?

We’re sure we will find out what excuse the machines made up for this sudden spike in stocks…

Algos Suddenly Panic-Bid Stocks To Sunday Night Lows, Now What?

Source: Bloomberg

Algos Suddenly Panic-Bid Stocks To Sunday Night Lows, Now What?

Source: Bloomberg

As Bloomberg’s Andrew Cinko noted, mockingly:

“Don’t look for news behind the move, there doesn’t appear to be any.”

But in the meantime, the levels are extremely technical for this ramp…

Algos Suddenly Panic-Bid Stocks To Sunday Night Lows, Now What?

From pre-payrolls lows to Sunday night lows…

Algos Suddenly Panic-Bid Stocks To Sunday Night Lows, Now What?

now what?

 

 


Tyler Durden

Tue, 10/08/2019 – 12:50

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Author: HEDGE

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