The weekend indication shows currently -0.9%. That’s not extreme. I have seen at events that shakes the market the indication down up to 3%.
Therefore I assume we will see a dip on Monday up to 2% with a recovery Tuesday.
The US100 has a solid support at 24200 for now imo.
This is my short-term view on it and a good timing for selective buys with low to medium valuations.
The market could correct up to 10% in the next couple months. Therefore I would avoid all stocks with extraordinary high valuations like $IREN $ASTS $RKLB etc at this point.
I expect heavy corrections on these stocks.
