Look at the data: $US 1-hour plunge of 11.57%, with a cumulative gain of +94.46% over 24 hours.
The intraday gains are already substantial. An unusual move only indicates that something has changed; it doesn't mean we can predict what will happen next. How many times have you seen this kind of market action? What usually happens afterward?
Just my personal opinion—don't take it too seriously.
The intraday gains are already substantial. An unusual move only indicates that something has changed; it doesn't mean we can predict what will happen next. How many times have you seen this kind of market action? What usually happens afterward?
Just my personal opinion—don't take it too seriously.