Magnelibra Trading & Research

Magnelibra Trading & Research

Nasdaq -11.1% off highs now

Mike Agne's avatar
Mike Agne
Sep 08, 2020
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Nasdaq trading down 500 points today and after a high on Sept. 2nd of 12465 it is now trading 11045 or off some 1420 points from that high, down 11.3%. It’s will be interesting to see how much Softbank profit was actually monetized off their gamma trade, we doubt as much as they expected. Anyway here is the NQ chart:

-Magnelibra Econemotions

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