What is the overnight limit up/down for the SPX and ES futures? 100 points? Did the futures limit up a few times after the crash in 2008? I can't remember... Might be useful to know the limit up amount soon. If the bond market collapses a lot of that money could rush toward equities causing a limit up inverse crash!
Why do people who don't know the answers to simple factual questions waste everyone's time by posting the wrong answers ? Current overnight limit up/down on the ES is 65 points. All the stock index limit information is available at: http://www.cmegroup.com/trading/equity-index/files/PriceLimitGuide.pdf
Right... Hahaha... But, just because... Daily... We didn't press up against resistance that hard. Didn't take that short signal a couple days ago. Was looking for a five or a 3-3 variation. If we pop above that trendline and push above 1400 ill be shorting up there. If we drop below the 50% retrace of this move ill look for a long setup. Don't expect a major pullback before Jackson Hole unless these yields blow up tomorrow... http://www.bloomberg.com/quote/GSPG10YR:IND/chart/
10 YR Yields heading toward 10%... Who cares! Mario will lay down a solution to save the EU tomorrow.