High-Speed Trading Glitch ?

NYT:

One official said they identified “a huge, anomalous, unexplained surge in selling, it looks like in Chicago,” about 2:45 p.m. The source remained unknown, but that jolt apparently set off trading based on computer algorithms, which in turn rippled across indexes and spiraled out of control.

We don’t know yet for sure, but this chart sure looks like an error in process to me:

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