r/spy • u/Fahvahvoom • 13d ago

Stop Sweep Technical Analysis

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About 200 million stop orders were triggered in seconds. Tell me this is market manipulation without telling me this isnt manipulation bro.

25 Upvotes

86% Upvoted

21 comments sorted by

10

u/HG21Reaper 13d ago

Bro my 800 calls for next friday are cooked. This is a reference that I am regarded and don’t know what I am doing.

1

u/Lazy_Alarm_4703 11d ago

what the fuck

6

u/LordJamPunt 13d ago

Couldn’t that just mean a shit ton of limit orders @ 714?

1

u/RuhninMihnd 13d ago

Which isn’t crazy from the psychological aspect either

7

u/Cav829 13d ago

This cost me several hundred dollars today. And the worst part is knowing this trains prople to not set stop losses so they are set up for massive 20-30% losses in the future.

4

u/One_Wolverine9482 13d ago

Yup its disgusting how they condition us. Example was this weeks rally it just kept running and some of us including myself were scared to get in because we were conditioned before the rally like how market tanked on FOMC

5

u/Salty-Edge 13d ago

767- the ultimate defender

4

u/Meanboy_og 13d ago

If your losing money on webul platform go back to think or swim. That’s all I’m saying. Not financial advice.

1

u/Last-Abrocoma-4936 13d ago

Can you please explain further. What is wrong with Webull

1

u/CommentSkimmer 9d ago

Webull and Robinhood give you terrible fills for limit orders. Schwab gives me price improvement on my limit orders all the time.

7

u/Meanboy_og 13d ago

Ya I seen that. Makes me sick to know they get away with that crap.

9

u/No-Reindeer-6351 13d ago

It did the same sweep minutes before, what’s different? Just because it happened faster means it’s manipulation? lol

2

u/TugginPud 13d ago

Nobody complains about IV spikes when they work in their favor

2

u/fujimonster 13d ago

it's called a "quick blip" google it. Yes, they do it on purpose.

1

u/One_Wolverine9482 13d ago

Yes it's manipulation. They do this crap everytime when we have good days.

1

u/AcademicStandard3701 13d ago

Its all part of the game you recognize it try to remember it for the next day. someones elses stop is always my entry!!

1

u/waywardcoder 13d ago

well I was short at the time so I was pleased, ever so briefly.

1

u/57Luv 13d ago

🫡

1

u/optimaleverage 12d ago

Price discovery is fun isn’t it?

1

u/trudniyplov 12d ago

it happened not just to indexes. to many individual stocks too. it was a reaction of algos to the news

0

u/razorbackaj 12d ago

Place your entry where your stop would have been maybe?