Gotta love ZERO RISK in the SP500 = $$$

[tfp]

Those stingy bastards just want to stop people making money

Longs, be extremely careful, this is like 2008 again - markets may not necessarily stay open... It may take 3-6 months for this thing to recover.

 

[weewilly]

-55 now. We might see -100 handles in the after hours ES. Huge unwind.

 

[volente_00]

Longs, be extremely careful, this is like 2008 again - markets may not necessarily stay open... It may take 3-6 months for this thing to recover.

I agree. When is the last time ES has sold off 12% in 6 trading days ?

 

[volente_00]

2532-2543 is what I have for a pivot area

 

[volente_00]

Everyone who bought in last 4 months is now underwater or break even.

 

[ih201]

What a day..... Shame I was away from the charts

 

[S2007S]

Insane insane drop in the futures....feels like the financial crisis all over again....
This is history in the making.....

 

[Brianharvey]

L 2621.5
6 point stop

 

[Brianharvey]

L 2621.5
6 point stop

out 29.5 +8

 

[i960]

Looks like a broadening megaphone in this downtrend. I would not be surprised to see 2515 limit down before NY open and potentially a blow out down into the mid 2400s in RTH. The second equities make any serious comeback that convinces people "alright the coast is clear" they'll go right back into selling bonds (especially the recently acquired ones to "defend" against this move) which will push rates back up and remind people "wait why are equities such a good play right now with 'inflation in the horizon?'"

Yellen is gone and she took her box of animal spirits with her.