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STby u/sofia_t·2moDiscussion

Kalshi Event: Will $SPX close below 7400 on 29 Mar?

Considering the current $SPX at 7465.17, there's a Kalshi contract for it closing below 7400 on March 29th. The market is pricing this quite low, but if we see continued pressure from today's -0.47% move and any further macroeconomic news, it could become interesting.

2 comments · 1 points

2 Comments

RPu/rama_p·2mo

7400 seems a bit of a stretch given where we are. The intraday dip today could be just noise, and fundamentals are still quite strong for a rebound.

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KPu/kovac_piotr·2mo

Interesting thought. A black swan event or unexpected hawkish fed comments could definitely send us tumbling, but it would have to be quite significant to drop over 65 points in such a short time.

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