S&P Futures Opens Down 20 Points!

nooby_mcnoob said:
One more gap down coming to flush out margin. This is going to be beautiful.
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I'm secretly hoping the bulls would step in and push the market back up (so I can short again :sneaky:). Anyway, it's way too early to tell. Also the market never rolls over in a straight line. We'll likely retest the 3337 in the coming weeks.
 
nooby_mcnoob said:
One more gap down coming to flush out margin. This is going to be beautiful.
More...

If no new news comes out about anything substantial in any paradigm between now and 6PM, I see no reason why there would be a gap either way. Just business as usual now.
 
schizo said:
I'm secretly hoping the bulls would step in and push the market back up (so I can short again :sneaky:). Anyway, it's way too early to tell. Also the market never rolls over in a straight line. We'll likely retest the 3337 in the coming weeks.
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Same
 
nooby_mcnoob said:
Business as usual needs one more dump imo but I'm good either way
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K, I will concede. If in between now and 6PM ET, we get this over a major US city, like NYC...


We'll prolly gap down at the ETH open somewhat. :)

P.S. My favorite part of this is around 2:12, when the shockwave knocks those folks in that thoroughfare on their asses.
 
Here's a chart of NQ in 1999 (Nasdaq tech bubble) for reference. I think we're possibly where the arrow is. As you can see, there's the next leg up before the market finally caves in.

upload_2020-1-27_14-20-16.png
 
newwurldmn said:
What are you talking about.

To quote jack bogle, this is a footnote to a footnote.
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%%
True; SPY + QQQ are still long +strong; but IWM closed clean below 50 dma+ Dow/DIA looks weak, but tends to always be weaker than SPY, QQQ. NOT a prediction or ETF tip.LOL..................................................................................
 
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