Next time i build a house going to rig the circuit breakers to shut off after 2:30pm in case i need to overload the circuits burn it down and collect insurance money. Nahh i am too nice a guy couldnt even think about it.
SPY QQQQ went right down to there moving averages on the weekly and bounced in a matter of minutes. Maybe a coincidence but your theroey right or wrong sounds much more feasible.
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