The US stock market is now playing the version 2.0 of free fall!
The S&P 500 futures have already fallen through 22%, confirming a bear market with the stamp directly on the face. What's more terrifying is that over the past 32 trading days, the US stock market has been burning $400 billion every day, equivalent to evaporating the total market value of two Bitcoins each day.
Now all traders are staring at the circuit breaker alarm: if it drops another 5% tonight, the New York Stock Exchange will directly activate the circuit breaker mechanism. The key lies in two signals—has the fear index VIX soared to the warning line of 40? Has the inversion of the yield curve deepened?
I checked the dark pool data: Wall Street hedge funds are now crazily borrowing dollars, this situation is very similar to the night before the circuit breaker in March 2020. Brothers, tonight we either witness history or become history.
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