As usual the futures are up....Shocker! Stock index futures rise overnight 90% of the time.
noddyboy
"I did just that but I think it will sell off after the open tomorrow."
S2007S
"Just go long before the close for free money tomorrow"
Both sirs are looking very correct here. Looking very much like a bounce and green into the NY open (could be up by 1% by then) but noddyboy may have gotten closer as the timing suggests (we started moving up pretty early in london session and moving up since) that by the time NY opens it might be ready for a trend back downward. Looks like selling into any bounce will be the order of the day in NY but who knows what msm bullish tales they have to tell.
True, if there were no stops. But those without stops might be -20% unlevered on 8/24
but who knows what msm bullish tales they have to tell.