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Jim Cramer Cautions Against Jumping In As Oversold Market Sparks Futures Rebound Without Clear Catalyst: 'Is It All A Big Trap?'

As major indices have moved into the oversold territory, led by the tariff-fueled selloff over the last three sessions, CNBC’s Jim Cramer has questioned the Tuesday up move in futures.

What Happened: “What a tough moment,” said Cramer in an X post, who is the host of CNBC's ‘Mad Money’.

According to him, the market looks technically ready for a bounce due to being oversold, and futures point to a strong open. However, the lack of clear positive news making the futures surge might make investors cautious about buying into this initial strength.

What a tough moment. We are so oversold and the futures are so high that buying here is a very difficult chore. We have been there before and the market can be a coiled spring without news

— Jim Cramer (@jimcramer) April 8, 2025

In the following X post, he also questioned whether buyers were discounting China’s retaliatory tariffs that could worsen the state of the economy. Cramer wonders if the current buying is rational or it “is all a big trap?” He’s cautious about buying into the current positive momentum after successfully avoiding panic ...

https://www.benzinga.com/25/04/44681272/jim-cramer-questions-market-strength-amid-chinas-retaliatory-tariffs-oversold-panic-or-a-big-trap