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Real Vision Founder: Market Clears Significant Leverage on Friday, Bullish on V-Shaped Reversal
Summary: Real Vision co-founder and CEO Raoul Pal stated in a post that regardless of the triggering factor, Friday's market experienced a flash crash. Flash crashes typically rebound in a V-shaped pattern to previous prices/ranges, and then set new highs. In this scenario, all accumulated leverage has also been completely eliminated.
Real Vision co-founder and CEO Raoul Pal stated in a post that regardless of the triggering factor, Friday's market experienced a flash crash. Flash crashes typically rebound in a V-shaped pattern to previous prices/ranges, and then set new highs. In this scenario, all accumulated leverage has also been completely eliminated.
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Link: Real Vision Founder: Market Clears Significant Leverage on Friday, Bullish on V-Shaped Reversal [Copy]
Tags:
Link: Real Vision Founder: Market Clears Significant Leverage on Friday, Bullish on V-Shaped Reversal [Copy]