This is called the 10am slam, been posting about it for many moons 🫂
So good time to market buy
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That's been my thesis for a minute. Not every day, but on most days ... If you want to set a DCA time or smash buy ... 11am est is probably a lowish point
I haven’t been tracking but at casual glance Mondays too.
For sure, Monday's seems to be heavy.
Guys at zerohedge have done some research and landed on it's Jane Street Hedge fund running sell ignition algos
Figured it had to be something like that. 🙏
What causes this you think?
Zerohedge posted some research and landed on they think it's Jane Street hedge fund doing sell ignition algos
Maybe to accumulate cheaper, maybe to protect longs/shorts
Interesting