if we closed at 3570 ig and 3580 cmc saturday morning when sp500 closed at 850, if the US have not technically traded until tuesday and are now down 4.65% at 807.....then asx200
should be 3400 ish
sp500 has found support at 807 before maybe see a liile bouce off this into the hour power.
Conclussion being we should not be looking at a 5% drop from yesterdays close 3480
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