why did ES futures drop 70 points in the last hour?

why did ES futures drop 70 points in the last hour?

 

Israel attacked a military target(s) in Iran (drones, enrichment?).

 

Nikkei is down 2%. Every day this week has gapped up and then faded. Wow from QQQ 442 on Monday to possibly below 420is the biggest weekly swing in2 years.

either it will magically all recover over night or we will see a nice green candle tomorrow morning. Looking forward to a nice green swing uowards to retrace some of the drop

 

Bot, it's time for your maintenance powerdown.

 

more sellers than buyers ?

 

Yeah well gapping is never the way for any markets. What happens this week is how you get the market to fall. This gap will get filled

 

This is just the start, go flat for a few weeks if you didn't ride the big waves yet.

 

We are bottoming for the month tomorrow, but looks like more downside in May

 

A bottom 19 days after a top?

Our average is ~43 days, with the minimum bound at just under 30 days.

 

I said for the Month of April. Not for this move