In the 40 years since the inception of S&P 500 futures, there have been only 3 sessions when they opened down more than 2%, fell to a 6-month low, then rallied to close up by more than 1%.
• July 24, 2002
• September 16, 2008
• Today
$QQQ request
Note in chart
Keep it simple
We have been bear for awhile now
Move down from ATH looks like 5 waves
Impulsive
I see bounce soon then sub 300 trading
Count is below in chart, looks like complete 5 wave structure off COVID low