Some strong confluence levels.
The "taper" gave a nice market order selling frenzy into large buy limits.
Basically this is a sign of a major bottom forming (huge market orders/stops into huge limit orders causing strong reversal)
The "taper" gave a nice market order selling frenzy into large buy limits.
Basically this is a sign of a major bottom forming (huge market orders/stops into huge limit orders causing strong reversal)