Poll:How many points up or down will the dow close on Monday

Monday close

  • 500+

    Votes: 1 4.0%

  • 0 to +500

    Votes: 13 52.0%

  • 0 to -500

    Votes: 9 36.0%

  • -500 to -1000

    Votes: 1 4.0%

  • More than 1000 down

    Votes: 1 4.0%
  • Total voters
    25
  • Poll closed .
B

Businessman

Given situation in the middle east,

how many points up or down will the Dow close on Monday.

Will it be a Black Monday, or are events already priced in and we get a rally to close positive after an initial sell off?
 
I'm thinking it's quite possible the market's already in a correction regardless of the events in the ME as we've been printing lower highs and lower lows ever since the 1st of April. It will likely be a messy one, though.

Monday's anyone's guess at this point. First, let's see where the market opens.
 
Don’t care about Dow, but SPY/QQQ will fill whatever gap is left from tomorrow (if there’s even one). This is 2024, not 2022. Market doesn’t move like that anymore.
 
Businessman said:
It was chosen for Dramatic effect. Largest numerical index.

500 or 1000 up or points down, always sounds more dramatic that 50/100pts up or down for the S&P.
More...
.... to the non-trading public.

Traders care about the S&P and Naz 100, but most importantly, in percentages.
 
SunTrader said:
.... to the non-trading public.

Traders care about the S&P and Naz 100, but most importantly, in percentages.
More...

Agree, my prefered SIF is NQ. But i do know some part time hobby traders who trade the YM, which is liquid enough to be tradeable.

Actually i never think in percentages myself. I always think in ATR, which is point moves.

The only time i have to think in percentages is when volatility gets wild, have to know where the circuit breakers kick in, limit moves are set at percentage points.
 
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