That's a BIG BOY liquidation! Somebody is getting blown out! At least closing the gap

Who farted? Geezsh more max tick selling? Monday and I'm already exhausted

TY great explanation. Steve I was looking at 1/3 retracement of yesterdays move but literally not even a moments bouce...just max tick-1500+ selling all the way down. In retrospect yesterday was nothing more than short squeeze with no real buyers; otherwise would've expected defending some logical pullback. You guys are killing it on these moves...I mean even that one system didn't sell yesterday looking for potentially more upside. Bottom line - TY both -- still learning here. 

I detest firms frontrunning massive liquidations. Obviously, someone BIG was in trouble and being liquidated. This isn't just a run of the mill sell program. Anyway, maybe they'll let it breathe for a bit

When does Europe close? Seems to be huge pressure going into top of this hour

Back into max neg tick selling - relentless! Liquidations or CTA? China possibly? Would thought margin problems would've been solved yesterday. So confusing! Zero liquidity

What happened?

More systematic computer selling but at least it comes in spurts vs nonstop like yesterday. Matt - weird but your famous TICK charts have no lines at these levels. Is there an updated chart with tick levels. That thing is gold! Thanks

Matt - did we just drop back into BB on your 15 min chart? The one I just loaded up on TradingView looked like it. Thnx

I was afraid of that as remembered in 2022 how bear market rallies exploded only to be sold into ridiculously! Wanted to follow my gut but got caught up with clients and next time I looked already given back over 1000 points. I was using Matt's daily VIX BB and got excited because thought we might be getting close to a real buy signal. Nope VIX back up over 48 so argh! I will load up his 15 min VIX chart for intraday. That would've made my decision if I had looked. The way the Mag7 reversed just seems to be index liquidation so my guess is either someone blew up and is being liquidated systematically like you stated OR our foreign partners in tariffs disputes are just selling US holdings which tends to be large cap growth/indexes. The rumor was China dumped $50B bonds yesterday...probably more today with rates rising. Soooooo I'm saying Hopsing is the one liquidating SPX/QQQs

Not to keep whining BUT haven't seen these massive nonstop negative ticks in awhile. Very similar to the last time we had hedgie blowing up and being liquidated. Just seems too massive...like now -1800! Maybe China...just sucks though 

Make that -1400 ticks, UGH

So now we just melt it all away with negative 1000 ticks all day?  Assuming (dangerous I know) had to let it breathe so big boys had liquidity to sell into?

Hmmmwell CTA dumping time I guess. I wondered why VIX lifted 2.5 points...and then -12-1300 TICKs on the dump. Geez just no liquidity

This one... hopefully you can do a training webinar when things settle. This sounds like a great system!

Assuming this tank is afternoon margin liquidation...about that time. Matt - did you ever post that TradingView BPT indicator chart ? Cannot find it. TY

Great day for a FED VIX crush (pleasssssee!!!)

Does break of symmetry cont on that bounce? Or are we just in the abyss tfn?

These are the last to bomb when sold to meet margin calls. I trade preferreds CEFs and lick my chops when they get clobbered on liquidations. GREAT buy on OXLC!!!

Congrats! masterful trading (I'm jealous)