Take a look at the market grid below. Do you see anything worth noting in this matrix sequence?
What I want you to notice here, is that the TICK is not making any “extreme” low ticks as we see selling in the markets.
This tells us that the selling here may in fact be a smoke screen, pulled over your eyes to blind you from the truth.
Use all the tools available to you to ascertain the true nature of the movements you are seeing in markets. There is much more to the story than what you see with a mere cursory glance at the price action in the indices.
There is much more to discuss about this topic…and I will be more than happy to answer any questions and elaborate in the comments section.
Let’s talk about it.