That is one nasty looking chart. Margin buyers are feeling the downside, some are looking for a window to jump out of right about now. Ugly.
AGQ is a double levered silver ETF. It uses leverage to double the price movement of silver. People who have held that over the last three days have seen an over 50% drop in the stock price. And we have already dropped $3 tonight, which will be reflected in the price tomorrow. Holders of AGQ could lose 75% or more in a week. What is particularly awful about trading metals stocks is that the underlying commodities markets are open when the stock market is closed. When a big move happens after hours, you are just stuck watching it helplessly.