Let me be the calm voice here. Most likely another fund blew up yesterday. That ugly move on indices without a news is a tell. Off the highs: $SPY S&P 500 is down 2.3% $QQQ Nasdaq is down 7% I am still not calling for any kind of big downside move just yet. We've gotta break below 7600 for that to happen. Watch Nasdaq closely. If has to get back above 723. Most important thing I am watching next week.
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