See the illustration traced from the 2008 volatility spike leading into the GFC. As it can be seen visually, the similarities are present. The news cycle appears to be dominated by a similar set of events, including the collapse of the 2020's version of Bernie Madoff, SBF. I doubt the volatility will play out in a continuous fashion, as the Fed as new tools to their disposal. I expect some difference in the delay or outcome, but not a significant one.
Trade closed: stop reached
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This trade didn't work... One would have assumed the debt financing and bank failures would have seen a similar repeat from the 2008 and dotcom recessions, but clearly, we are playing a new game.
Same game.... they stalling.. retail is quicker than they think these days. Many are aware of these instruments, before 2020 retail had no clue. They are straddling. It will come like a theif in the night and if you miss the gap up... forget it