Congress could stop it at any moment, but they are pussies and they bow down to their king. How he gets away with it, is by declaring an emergency. I wish I were kidding.
This thread is making me less confident about a Monday down move. Does anyone actually think it's sustainable to drop like this? If we get lucky we can sneak the Q's below 400 on 1 more aggressive takedown, but there will be dip buyers that will step in. The VIX has to continue this path for the selling to continue and the moment it collapses which it always does there will be a relief rally. No one knows what happens after we get the relief rally. That will be the big question, but it's just silly to think this is just going to go straight down. You know the market will have a 4-5% up day at some point this week.
Jesus, man, are you losing it already? I clearly said the Q's would drop to 400. Now I have to go dig up that damn link to get you back on track. https://www.elitetrader.com/et/thre...isk-in-the-sp500.85694/page-2779#post-6112617 https://www.elitetrader.com/et/thre...rm-tesla-showrooms.383856/page-3#post-6112187
This has been making rounds all over.... Mad Money’s Jim Cramer Warns of 1987-Style Market Crash Amid Tariff-Driven Volatility https://news.bitcoin.com/mad-moneys...e-market-crash-amid-tariff-driven-volatility/
BTC is down 6% from Friday's 1600 EST close (~79K). Of course it was up Friday so I don't know what the translation to ES would be for a 1800 EST open. BTC is still up above the 11/5/24 levels but that could soon change.