XJO - Bear Posts only (Factors which might cause the markets to fall), page-16570

Lnas hit 7.20ish on 17250 capitulation- I actually think it should have gone lower but it wasn’t possible due to the order book kept getting cleared and filled continuously.

in any case IF you were to use 17250 at lnas 7.20 equivalent then you have 4.92% increase from 7250-18100, plus lnas leverage means lnas is up ~13% from yesterdays ndx low. Lnas probably didn’t give the price exactly from all the panic but lnas will open 7-11% higher today.

The market depth you’re watching is meaningless until the order book is put on by the market maker. However we all start somewhere and learning is the key to your success.