Whats that, Kudlow says a second wave isn't coming, nope.

"Doctor" Kudlow might want to check futures tonight. Or maybe not.

 

I can't find the news blurb that is causing this sudden downdraft. You have anything?

 

Dropping and dropping and ....

 

Nope.

 

EDIT: Ok, let's go with this.

https://www.foxnews.com/media/peter-navarro-trump-china-trade-deal-over

 

Well, anyone with a Reuters news feed would find it at the 9PM ET mark. Wish I still had the Eikon terminal, hehe

 

The latter is probably it.

 

Well 1st ES strong down bar was 908pm

 

It was announced that the trade deal with China was "over".

https://www.cnbc.com/2020/06/22/stock-market-futures-open-to-close-news.html

Didn't Pres. Trump taunt / teased / make a racial slur towards China at a recent rally. That guy is his own worst enemy.

wrbtrader

 

3085 zone looks like a nice possible spot for a short. if it makes it there that is.