Tuesday, May 20, 2014
GTX Commodities 2-Minute Chart Flash Crash and Recovery
The GTX Goldman Sachs Commodity Index performs a flash crash and quick recovery yesterday. Main stream media and traders ignore the event since these flash events are becoming more and more common. At 1:34 PM EST, the GTX flash crashes from 5039 to 4718, 321 points, -6.4%, then flat lines sideways for one-half hour, then flash spikes higher back to 5039 at 2:06 PM, moving sideways into the commodities close. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.