There has been only a few instances where the SP500 lost more than 4% on two following days. On the third day it rebounced on average around ca. 6%. So Monday should be positive for stocks based on that statistics. Then some days again it should be lower but for the next 6 months we should see 6000 points again or touching the Alltimehighs in the S&P500. If statistics are right this time again...
Bullish for Monday. Very bullish. If wrong will change my mind quickly but I certainly don't see a "black Monday" in the making this coming Monday.
Dead Cat Bounce Time? Futures indicator shows negative. It might be a while until things get sorted out. Akuma
IG weekend DJIA maybe? https://www.ig.com/uk/indices/markets-indices/weekend-wall-street 58% of clients are currently short the weekend bet. Compared to 68% of their clients being long the non-weekend regular DJIA tracking market.
With all talk of a crash on Monday, it would very amusing to see the total opposite where futures are down 4 or 5 % maybe even limit down and by mid morning stage an intraday turnaround and close up 4% having an absolutely insane 500+ point in the s&p And too now want to go all in short could be risky as well that shorts could run for cover on any blip of green...... Honestly who the fu*k even knows what Monday brings....
Any smart short knows this is on borrowed time. Of course there will be a big rally/ reversal, but no one knows how exactly it plays out. The best chance of a rally would be for this to get nuked during the first hour on Monday. If this has a gap down, it will be a guarantee to fill before the week ends no matter where it opens.