[but they are not plunging and europe is barely down-jeesh! Maybe it. is a turn but wait until the down is down 200-400 pts…that’s a plunge]
Having squeezed higher overnight and accelerated after the US open, it appears the catalyst for the sudden dump in US equity markets is the European market close.Nasdaq futures illustrate the technical nature of the move best as the drop erases the sudden spike at the US open on Friday (after payrolls missed)…