Might as well open down 2000 points on the dow. Once the down sinks below 18000 it will have erased every single gain from the time trump was elected as president and that is a very huge possibility right now.
Would you be shocked if the futures jumped into bright green and were up over 500 points at the open??
Possible, lots of reversals & headfakes lately, will sell SQQQ TVIX gaps up premkt if they fade Or buy more if they skyrocket Wish I could talk trading w family but their eyes glaze over lol... good thing you guys are here at ET
Fed has instruments. Selling VIX futures should do the trick It should be much better than rate cut given market holding quite well it might happening right now Or if I'm wrong they can try to defend market from bear which is somewhere around 2700
No, because that simply will not happen. Not on a Monday morning after all this new negative news. Friday we had 5 mil+ ES volume. Today (Monday trade date) we will prolly have at least a 4 mil bagger.
What I feel that can possibly happen is probably people piling on short positions the last 2 to 3 trading days that iffff the market went green they would have to probably buy back their short positions in hoping not to lose the gains they made...however I dont think many people shorted since it was so quick and violent this downward move...
markets can do anything I would not be surprised if Dow opens with a gap of 5000 points up or down. I am a trader......I buy low and sell high.that is my trading technique. being surprised ,dancing nude when i make money...all this is just being human, nothing to do with being a trader
that means the market is liquid if it is liquid it means, big moves will not come. 'big' means compared to recent moves. I have found it very difficult to make sense of volume. for me price is the only reality
Hmmmm you have heard of circuit breakers right?? A 5000 point futures drop and the markets would not open.
I don't think the Dow can do that? The future halt is 5% on ETH price, which would have been 2550 points or so?