NDQNVDASPX The market may be heading for and repeating a 2007 moment. The market actually bounced back and posted an all-time high when the Fed cut rates 50bps back in 2007. Then, at the start of November in 2007, a mega bearish market began. Everyone knows when the Fed cuts rates 50bps there has been 100% market crash history.
NAS100 Tomorrow is the settlement date for futures contract September NQU2024. So far the traders holding this contract are ITM (In the money). I am not going to touch this until next week.