01-01-2022, 05:07 AM
Why does the NASDAQ open with extreme volatility?
<!-- SC_OFF --><div class="md"><p>It seems that at 9:30 AM, the NASDAQ (at least the /NQ futures) opens up with extreme volatility.</p> <p>Often times tight at the bell there is an immediate 1-3 minute rise anywhere from 50-100 points… (on days like the last couple, it then retreats almost exactly 130-180 points, then often retraces to 60%, and then whatever).</p> <p>But back on point, what are the specific reasons for extreme directional action at open specifically (and also, why does this action apparently have zero indication of the days direction?)</p> <p>There was a nice thread about the closing action, and so here I’m wondering about the actual reasons of the opening action.</p> <p>Thanks!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/peachezandsteam"> /u/peachezandsteam </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/rt2bq5/why_does_the_nasdaq_open_with_extreme_volatility/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/rt2bq5/why_does_the_nasdaq_open_with_extreme_volatility/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>It seems that at 9:30 AM, the NASDAQ (at least the /NQ futures) opens up with extreme volatility.</p> <p>Often times tight at the bell there is an immediate 1-3 minute rise anywhere from 50-100 points… (on days like the last couple, it then retreats almost exactly 130-180 points, then often retraces to 60%, and then whatever).</p> <p>But back on point, what are the specific reasons for extreme directional action at open specifically (and also, why does this action apparently have zero indication of the days direction?)</p> <p>There was a nice thread about the closing action, and so here I’m wondering about the actual reasons of the opening action.</p> <p>Thanks!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/peachezandsteam"> /u/peachezandsteam </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/rt2bq5/why_does_the_nasdaq_open_with_extreme_volatility/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/rt2bq5/why_does_the_nasdaq_open_with_extreme_volatility/">[comments]</a></span>Kind Regards R