Friday 10/24 ... Dow on lock down
By:
Matthew Graham
•
Overnight Asia markets down around 10%, Europe down around 7% and our futures have been locked down due to limit down rule which is a rule that stops trading if the futures fall 550 points. We are in store for a hectic day.
Currently our 5.5 mbs is 100-02 which is 9 ticks down since official close but up 3 ticks from going out levels.
Stayed tuned for a more detailed update to what is happening. Fasten your seat belts, keep your arms inside the car at all times as we are in store for a wild ride.