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Stocks Panic-Bid Back To Unchanged After Ugly Overnight Session

Tyler Durden's Photo
by Tyler Durden
Thursday, Aug 19, 2021 - 02:14 PM

Well that de-escalated quickly...

US equity markets have got back to 'even' after ramping violently at the cash market open on what smells like more of a gamma spike than any real buying...

It appears the bounce is off some critical technical levels (Nasdaq at 50DMA and Russell 2000 at 200DMA)...

Bonds and Gold remain higher post-FOMC Minutes and stocks lower for now...

What happens now?

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