Futures up almost 2% - Tuesday looks good

Discussion in 'Trading' started by OTM-Options, Aug 24, 2015.

  1. sheda likes this.
  2. 2% is just "noise" nowadays.:)
     

  3. IMO ..... Anything plus/minus 1.5% or greater is significant and should carry over to regular market hours - 9:30am to 4:00pm EST.



    :)
     
  4. Nah I think floor traders will catch this low, not the afterhours crowd. Should at least test the low from Monday at 1830 or so beyond that Oct 14' low right around the corner at around 1813 on the ES before this is all over. Too many peeps bot the low this morning claiming victory (me included lol). Or I could be dead fucken wrong too! haha.
     
  5. this overnight futures rally is looking weak

    japan down 4%, china down 8%

    if s&p can close 1900+ tomorrow this may be the interim bottom, but it's not looking good so far
     
  6. aqtrader

    aqtrader

    wondering how low china market today can go. theoretically it should never ever go down more than 10% in one day
     
  7. Autodidact

    Autodidact

    SPX will hold 1737 in 2015 guaranteed.
     
  8. wqking

    wqking

    China -7.63%. Good mean reversion!
     
  9. S2007S

    S2007S

    China cuts rates for a 5th time in 9 months...im hearing futures lifted off even more on that news but little do they know is that China's economy is weaker than what everyone believes....they are headed towards a deep economic down turn...cutting rates is actually a sign of worse things to come. Cheers may be heard today but that's only going to last so long before China starts printing gdp figures in the low single digits.
     
  10. Speculate

    Speculate

    LMAO.

    Floors closed pal.
     
    #10     Aug 25, 2015