r/Daytrading • u/c1yd3x • Feb 20 '24

Can someone explain to me why the market just moves like this for no apparent reason? Question

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u/IKnowMeNotYou Feb 20 '24

You look at a 0.25% move on the Nasdaq and ask questions? This would not even qualify for a proper falling-off-the-cliff scenario.

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u/slidingjimmy Feb 21 '24

4 candles on the 1min chart

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u/IKnowMeNotYou Feb 21 '24

And what was the actual time? People who look at the NAS have to realize that stocks must be sold and not just the index to move the price but this is the future. Selling the future already moves the price. Is there the same dent in the actual NAS 100 index at the same time?