IPFS News Link • Stock Market
Pre-Market ETFs Signal Huge Drop - Circuit-Breakers Loom
• https://www.zerohedge.com, by Tyler DurdenWhere are the circuit-breakers:
During US trading hours (Cash)
Level 1: 7% fall to 2549.48 before 15:25EDT/19:25GMT will prompt a 15-minute pause.
Level 2: 13% drop to 2385.00 before said time will introduce another 15-minute pause.
Level 3: 20% decline to 2193.10 within the time will shut the markets
NOTE: Only the 20% rule applies to the final 35 minutes of trading.
During US trading hours (Futures)
Level 1: 7% fall to 2546.50
Level 2: 13% drop to 2382.00
Level 3: 20% decline to 2190.00
In cash, we are getting close...