I'm inclined to think something more in line
with the 2010 "flash crash" will happen again >
nothing in the system has been "fixed" and in my
estimation the increased leverage of all depravities
sitting positioned on "one side" are a bomb waiting
for "the trigger"
about all one can do is hope they do not get evaporated
TA will be useless as event will be swift and brutal
Current Trading Halts as per SEC Rule 80B
Market-wide circuit breakers provide for cross-market trading halts during a severe market decline as measured by a single-day decrease in the S&P 500 Index. A cross-market trading halt can be triggered at three circuit breaker thresholds—
7% (Level 1),
13% (Level 2),
20% (Level 3).
These triggers are set by the markets at point levels that are calculated daily based on the prior day’s closing price of the S&P 500 Index.
A market decline that triggers a Level 1 or Level 2 circuit breaker before 3:25 p.m. will halt market-wide trading for 15 minutes, while a similar market decline “at or after” 3:25 p.m. will not halt market-wide trading. A market decline that triggers a Level 3 circuit breaker, at any time during the trading day, will halt market-wide trading for the remainder of the trading day.
Disaster is Only a Keystroke Away!
