Where Is The S&P 500 Headed After Trump Tariffs Provoke Dramatic Plunge?
1. President Trump announced significant import tax hikes, alarming markets. 2. S&P 500 fell almost 5% following the announcement. 3. Market is in a negative gamma regime, indicating increased volatility. 4. Support at $540 crucial; potential for further downside exists. 5. Overall market positioning is bearish, suggesting continued risk aversion.