holy crap, nasdaq got close to limit down
Limit down would be 7%. 3.2% is only half-way there thereabouts.
Notice the volume though. There is practically none. Most specerlators are not touching this with a 39 1/2 foot pole.
Before the open limit down is only 5%, but yeah you are right, it was not that close... and also volume is dry yes....
everyone waiting...
Peace talks have started and the weekend Dow market at IG index is up 150 points.
https://www.zerohedge.com/geopoliti...s-without-preconditions-russia-belarus-border
I fell into that line of thinking also, but after the March 2020 meltdown, CME updated the rules and I never realized it.
https://www.cmegroup.com/education/...anding-price-limits-and-circuit-breakers.html
Peace talks are just a distraction so Putin's second echelon can position themselves. Putin's terms will be something along the lines of: total surrender of Ukraine with a Russian puppet president; NATO expelling half of European countries.
Terms that won't even be negotiated on and he knows that.