Futures right now have the major indexes down 1.5 to 1.75%. The VIX is +10%.
Gold is +1% and solver is +1.25%
A September 18 rate cut to 1.75% from 2.00% just hit 100%.
Also, note that an October 30 rate cut to 1.50% from 1.75% is now 60.8%
Most gold and silver stocks will be gapping up.
2860 is a level to watch for SPX. Could be a spot for a bounce.