Tdy’s PM action has to be one of the most blatant attacks ever….and that has a lot of entrants….a clear break out was happening above 1270, shares broke out of bull formation as well…then bang, straight down and now damage done, mkt is held at lows…no rally’s allowed. They are desperate….well so would u be if you if u were Lloyd and knew Bubba was waiting to play Mummy’s and Daddy’s.!!!!!
If the SM hasn’t sold off big time before the Vote , it is the short of the Century if Trump wins and all of the anecdotal evidence says he will, as the elite will go ape and throw all their toys out of the pram, the mkt will be priced all wrong…for once Puts may make huge sense.
It will be Brexit on steroids.