Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
But certainly in the era of QE it is quite rare to see these sort of intraday reversals. Still well into the green but the 20 for 20 Tuesday gain is not a home run anymore as it was a few hours ago. I don’t see any particular news to drive this. Speaking of 20, this is a nearly 20 point drop intraday on the S&P.
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