BUMP #4 __________________ Please, I'm not a daytrader, I'm an "Intraday Liquidity Provider" 1-888-TRADEUP
Well, ES printed 1441.50 so far that is more than 7 points up. Black WED ???? I doubt it! Also Asia is down but is recovering nicely. No meltdown, just look at the major exchanges.
Japan rebounded a lot in final hours The key here is the fed The fed at this point must cut at the next meeting or markets will probably go lower. How much lower is anyones guess. If the market prices in no reduction then the downside move will be minimal but if the market rallies into the meeting and there isn't a cut the sell off will be big.