I’m doing an extensive study on deviation levels, and I just found something that seems unexplainable. Why did the US indices completely annihilate the -3 deviation in the middle of the night??? I looked at the US TECH 100 and US 500. When I saw this unbelievable move from 8pm to 2am on June 23/24, I had to look back at the news. There was absolutely nothing that came out at that time. Here’s my visual proof:
Other than this one time, the US 500 only crossed the 1 dev once, and still closed inside. The US TECH 100 crossed the 1 dev a couple of times & only closed beyond it once.
My best guess is some large institution picked that time to move a huge amount of money & mess up all of the people who were long in the indices overnight…
