VXX was picking up on it, check out this volatility and this is not closing volume, this is about 3:56
You don't see the price volatility in BAC because I'm almost 100% positive it is sitting right at the VWAP (which is where market makers/specialists fill orders), but look at the red volume to the right, almost panicky.
The IWM which has been mellow all day sitting at about a +.20% gain just saw volatility pick up on heavier volume.
Look at the chop in the SPY and some of those 1 min price candles, plus the volume and as I said, this isn't end of the day settlement volume spikes, this was at 3:56.
And the TICK went from +1250 to -800 with +1000 to -800 readings in 3 minutes.
The market looked a little panicky or rushed toward the close.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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