Plunge protection team is saving the day!
Sup steemers!
At one point, NASDAQ was down mor than 2% today! That is a very huge move and that was related to the Head and Shoulders pattern, FED and rising yields.
Who could have seen this coming? Yes I'm talking about the PPT or the Plunge Protection Team. Who the hell would buy so late in the day with such a big move? VIX went from close to a 45% drop to 20% right now. Market manipulations? You bet this is!
Have a good evening!
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