Thursday, December 20, 2012

Merry Cliffmass: The S&P 500 futures fall off a cliff... the fiscal cliff

5 min ES_F 
 Our elected morons in Washington have failed to come to a resolve on the debt issue. Because of this the S&P futures fell nearly 3 percent into 1391 from 1430 or so.

Tomorrow as you know is the 'Supposed' end of the world so what is happening is pretty fitting. Not saying this is end of world but the COINCIDENCE is quite appalling.

Long night and morning ahead. stay tuned.

1 min ES_F showing the drop into 1391.25

15 min ES