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Thursday, April 25, 2024

BAC Breaks 4 Handle, Drags Down Entire Market

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

As definitive evidence just how fucked up this entire market is, here is what happens to the ES the second the infinite BAC Bid at $5.00 finally gets taken out. This is the ESH2. That’s right – the entire market moved tens billions in market cap because the Plunge Protection Team just failed at protecting the "precious" $5.00 level.

Goodbye $5.00 BAC, we hardly knew ye:

Those in pain:

Goodbye:

h/t Hedgeless Horseman

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