Veloyt - They are pushing at all costs right now... I have never witnessed anything even close to this....
This is why I've said that only CC can stop this. Without volumes, the algos are in complete control, and volume is the only remedy.
See the orchestrated cliff dropoff below. In a few minutes they will begin trading sidways to beef the RSI back up, then use a few more "Cliff-Dropoffs" throughout the day to drive down further.
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