CLO contracts: the last completed 5m candle was down 11.31%; current price 0.05246; 24h turnover 6.5794 million; below VWAP at 0.053905; volume 54.6x. The debate isn’t just about the size of the drop. The key question is whether the bounce is strong or selling pressure will continue.
Can price reclaim VWAP at 0.053905 on a retest? Will volume, after surging to 54.6x, contract again right away? First look for signs of support, then decide whether the recovery is effective.
#CLO #Unusual Move Alert
Can price reclaim VWAP at 0.053905 on a retest? Will volume, after surging to 54.6x, contract again right away? First look for signs of support, then decide whether the recovery is effective.
#CLO #Unusual Move Alert