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posted 2 years ago by funturistic 2 years ago by funturistic +10 / -0

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– Bot-not1 1 point 2 years ago +1 / -0

Index charts are determined by big institutional trading companies. All of these companies trade continually and quickly, so if one sells a lot, the others quickly start to sell, and if one buys a lot, the others quickly start to buy. This sort of behavior, now even more pronounced with high-frequency algorithmically run trading, means the charts of the S&P500, Dow, and Nasdaq move together.

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