That would be quite a scene if that drop were to happen. Not many would possibly believe that becomes a reality anytime soon.
10% Nasdaq drop is nothin really Fed will start cutting if S&P drops 10% FOr nasdaq it's probably close to 15-17%
In NQ we've had almost 4 of them since Trump has been prez. (I cannot recall if the Feb 2018 drop was 10% on NQ. )
Dow 30 28,623.0 18:14:30 | Futures -361.5 -1.25% S&P 500 3,294.88 18:14:30 | Futures -43.50 -1.30% Nasdaq 9,309.12 18:14:31 | Futures -146.00 -1.54% SmallCap 2000 1,653.85 18:14:32 | Futures -24.55 -1.46% Futures down huge at open. My guess could be mr. Sanders looking like the potential candidate for the democratic party. Maybe markets dont want that or is it just more coronavirus talks? I'm sure we go bright green a couple of hours into the market open!!
Wow looked at the chart, we aren't even back to Feb 2nd levels when people were freaking out about the market. This thing really has rallied haha