Dow futures surge nearly 1,000 points as post-election comeback takes hold
The Dow Jones Industrial Average is set to open nearly 1,000 points higher, according to @KobeissiLetter, as a post-election reversal picks up speed. The account says last night's drop was a textbook bear trap — a dip that shook out sellers right before the snapback.
Wall Street is staring down a monster open. The Dow Jones Industrial Average is set to jump nearly 1,000 points at the bell, according to @KobeissiLetter, as a post-election reversal gathers real momentum.
The setup flipped fast. Overnight, the index had been sliding — a move the account now calls a textbook bear trap, the kind of dip that baits sellers into dumping positions right before the market rips the other way.
According to @KobeissiLetter, the call was on the record 24 hours in advance. The account says it flagged the decline before it happened and framed it as a trap rather than a genuine turn lower.
That framing matters because it puts the bounce in context: the drop wasn't the story, the recovery is. A near-1,000-point swing in the Dow is the kind of move that resets the mood on trading desks and pulls attention back to the post-election trend.
One caveat worth keeping in mind — futures point to a big open, but they don't guarantee one. The index still has to trade there when the bell rings.
For now, the momentum is pointed one way. If the reversal holds through the session, the post-election rally narrative gets a lot harder to argue with.
TopicsDow Jones Industrial Average · Kobeissi Letter · X
Written by Paparazzi with AI. Not financial advice.
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