Russell 2000 Futures Gain 1,807%
Bimini Road identified a Ghost Pattern in the Russell 2000 futures contract on August 1 2024 that lasted 3.5 hours on the minute chart (intraday) indicating a large selling event by insiders.
The Bimini Road X account tweeted on the same day, August 1, 2024 at 11:10 AM EST, that the pattern was identified and that a triple confirmation event was occurring where two other patterns were indicating the same move. LINK
At approximately the same time the Russell 2000 began to drop, quickly at first, then more slowly, ending at a price drop of 12% - a huge move. The monetary gain of a short position was 1,807% or $13,735 in profit per contract with only a $720 cash requirement per contract.
