Similar stuff here as with Dow, algorithms are in full panic mode, big players are looking for a Fed intervention, too much risk was being ingnored (dumb money) is while smart money was “distributing” its positions. Leaving the retail market to panic. So where is the “point of pain”? Are we there yet? I say no, but the Fed May have other ideas.
Comment:
Never retested my zones of interest, unfortunately, I was correct at the target, but not the entry.
