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re: The good news

Posted on 9/16/22 at 1:59 pm to
Posted by Trader82
Member since Aug 2020
14 posts
Posted on 9/16/22 at 1:59 pm to
To keep mkts from moving too far in either direction in a single day, they use price limits (A.K.A. Circuit Breakers or limit up/down). We very rarely hit these limits. ES (SPX futures) the last one was hit MAR 2020 (twice, if memory serves me correctly).


LINK
Posted by slackster
Houston
Member since Mar 2009
86965 posts
Posted on 9/16/22 at 2:51 pm to
No, I know what they are, sorry I didn’t make that clear.

Wanted you to clarify why you thought down 7% was plausible Monday.
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