Top 5 biggest 24-hour declines in contracts:
· $AIN -58.10%
· $JCT -47.69%
· $PONS -17.60%
· ELSA -15.54%
· GRASS -15.18%
A quick look: The sharp declines in the biggest losers likely reflect concentrated selling pressure. Wait for signs of stabilization before buying the dip. Technical rebounds are common among the biggest decliners, but a rebound doesn't necessarily mean the bottom is in.
#AIN
· $AIN -58.10%
· $JCT -47.69%
· $PONS -17.60%
· ELSA -15.54%
· GRASS -15.18%
A quick look: The sharp declines in the biggest losers likely reflect concentrated selling pressure. Wait for signs of stabilization before buying the dip. Technical rebounds are common among the biggest decliners, but a rebound doesn't necessarily mean the bottom is in.
#AIN