NQ would normally be down 60 on a day like this. Clue: Facebook, Amazon, NetFlix, Google. Once those lose favor, it is a quick downdraft to SPX 2000, and ulimately to my target of SPX 1700.
Head and Shoulders playing out. The targets? Would not be surprised to see a Monday rally, news withstanding.
Needless to say, everyone will be at their screens on Sunday night at the opening of SIFs. Sad sad day.
The futures are taking a don't panic approach to the events in France. Down 15 is nothing given the needless and senseless loss of innocent human life. In a way, I am glad that these events don't disturb world markets that much anymore because that is what the beasts want. On the other hand, seeing just how easy it is to inflict real damage on a large city is unsettling. What if instead of 6 people, there were 100 coordinated attacks throughout the western world, each an order of magnitude bigger? I wouldn't put it past these people. 9/11 should have been a wake up call.
France hammers ISIS in air strike: http://www.cnbc.com/ My only disagreement - twenty bombs. I would have dropped one for every innocent life lost - 129.