I am posting an analogue for the Indices this morning to demonstrate how similar the RTs are to a recent point in time.
We see a large RT during Globex due to the Vix beginning its pullback.
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Privately, I was contacted by a number of Traders a few hours before the close - they all now understand why we indicated closing all SELLs and moving to CASH was the proper Trade Plan.
Deeply oversold conditions always RT.
China kicked the party off over the weekend with relaxed standards for their Banks
Chinese RE ETFs had been sold wholesale over the prior 3 weeks. They began to level off Monday - the AX50 and HS also caught support.