If you have 5 min Heikin- Ashi future chart open you will see what I meant by free fall, but we already changed that term to "little pink" or "poopie"
When capital realizes that the incoming Pence administration will be a whole lot more consistent, we'll pull another one of those "V-bottom" maneuvers, and go another percent north of that for good measure. I've got a dollar that sez we have an announcement by 00:00 July 5th, and another dollar that sez Pence is POTUS by Midnight, Labor Day. Takers?
Its a shame that type of price movement reacting to whatever has not been seen too much in 2017 during "regular trading hours". Volatility movement normal for that type of price drop. Thus, seems like a very controlled price drop...not something that should freak out somebody unless of course they were holding Long positions overnight without a stop in the Emini futures. Regardless, still "a little" impressive.
I'll take the other side, sir PS. let's make it a proper bet - I'll take a dinner at Hangawi or Kajitsu, you can pick your venue should you win (Bobby Vance has a T-bone special on Labor Days, I hear).
damn feriners, they take our politics seriously, who knows what the news is by the time it gets to them
From overall longer time frame like daily... this is just a standard pullback. We're what not even 20 handles off of all time highs, while having relatively speaking no pullbacks all the while going straight up for 3 months. Kind of surprised at some the responses here. Moves like this generally speaking set up for some good day trading days.