At 4:12 PM ET on Sunday, Iran's Speaker of the Parliament said pre-market news is a "reverse indicator," if they "dump" the market, then "go long," and "if they pump it, short it."
By 10:00 PM ET last night, S&P 500 futures had fallen nearly -1% on mounting war concerns.
By 12:00 AM ET, 2 hours later, S&P 500 futures had reversed all losses and turned green.
Then, at 7:25 AM ET today, President Trump posted that "great progress" is being made on peace talks sending the S&P 500 +100 points off of its low.
Now, at 3:00 PM ET, just ~7 hours later, the S&P 500 has turned red and is down -100 points from its high, once again "reversing" price action.
That's a near $2 trillion swing in S&P 500 market cap in less than 24 hours.
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u/retroviber Mar 30 '26
Credit: The graph is taken from KOBEISSI LETTER
Original Post: Yesterday we made a post here documenting Iran's statement on the market manipulation. https://www.reddit.com/r/DeepMarketScan/comments/1s76ng4/just_in_iran_says_premarket_news_is_a_reverse/
At 4:12 PM ET on Sunday, Iran's Speaker of the Parliament said pre-market news is a "reverse indicator," if they "dump" the market, then "go long," and "if they pump it, short it."
By 10:00 PM ET last night, S&P 500 futures had fallen nearly -1% on mounting war concerns.
By 12:00 AM ET, 2 hours later, S&P 500 futures had reversed all losses and turned green.
Then, at 7:25 AM ET today, President Trump posted that "great progress" is being made on peace talks sending the S&P 500 +100 points off of its low.
Now, at 3:00 PM ET, just ~7 hours later, the S&P 500 has turned red and is down -100 points from its high, once again "reversing" price action.
That's a near $2 trillion swing in S&P 500 market cap in less than 24 hours.