CRASH TRADING IN EFFECT As Worldwide Panic And Fear Levels Skyrocket! Here Is What To Expect Next
With global stock markets reeling from panic and the Dow plunging over 1,000 points shortly after the open before a rally set in, today King World News is pleased to feature a piece from one of the greats in the business covering the global panic and warning “Crash Trading In Effect,” as fear engulfs worldwide stock markets. He also discussed what to expect from here.
Crash Trading In Effect
August 24 (King World News) – Jason Goepfert at SentimenTrader: “As of this writing, S&P 500 futures are trading 3% below their closing prices from Friday. This is a rare feat since the inception of the futures in 1982. The table (below) highlights every -3% opening gap in the futures since then. The second table separates out those gaps that occurred when the futures had already closed at at least a three-month low the prior day.
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