When institutions are selling, they tend to sell @ the open and close……that way they can prices near the mid point of the range..in theory…but looking at the way the mkt was smashed, that looked like kamikaze dumping, in order to make the mkt look shiite…as the mkt had almost gone up on the day……why smash that …so this looks like the globalists/euroweenies….going bonkers.
Note that both the Pound and the Euro are well up against the dollar, while the Yen and Aussie are near flat ….looks like the EU pension funds are being used as cannon fodder.