premium in xjo cash creates opportunities

Whilst the Dow was down about 1.5 percent our futures were down only 0.7 percent. With commodities down by a fair margin this has created a great opportunity to increase shorts with little risk imo. With commodities down I expect we will match the US losses giving a target of around 4850 points or lower on or soon after open. Thats an extra 35 points minimum from here.