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If a commodity comes down by more than 10% within a day, can we call it as a crash

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Asked by MNSL in Commodities 4 months ago

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TBone answered 4 months ago …

I'm not sure about a 'crash' but we can certainly call it a "bad day" - haha. But seriously, I'm not quite sure if there's a specific definition for a "daily crash", but the definition of a crash overall is if an index drops by 20% or more.

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If a commodity comes down by more than 10% within a day, can we call it as a crash

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TBone answered 4 months ago …

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