S&P 500, Nasdaq 100, and Dow Jones futures are all down 0.7-0.8% overnight. This drop is attributed to a geopolitical development (Trump's "Power Plant and Bridge Day" in Iran), suggesting heightened risk and potential for a market sell-off at the open. A short-term short on the broad market could capitalize on a fear-driven gap down. The market has recently shown resilience (as noted in comments), and the event may already be priced in by the open, leading to a reversal.
S&P 500, Nasdaq 100, and Dow Jones futures are all down 0.7-0.8% overnight. This drop is attributed to a geopolitical development (Trump's "Power Plant and Bridge Day" in Iran), suggesting heightened risk and potential for a market sell-off at the open. A short-term short on the broad market could capitalize on a fear-driven gap down. The market has recently shown resilience (as noted in comments), and the event may already be priced in by the open, leading to a reversal.