Dow Jones Slumps 200 Points amid Risk Aversion

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

Dow Jones Slumps 200 Points amid Risk Aversion

Follow DJI Following DJI Unfollow DJI

DJI Index Chart

Ideas

Stay sharp as the sharks begin to circle.

(Previous chart seems to have put SPY rather than FTSE. ) The new over the last week has been awful yet FTSE has stormed up back to the previous high? This updated chart suggests that FTSE is completing either wave (2) or B, time will tell which! At present an ending diagonal looks to be occurring and given today is the last trading day before easter it.

DOW JONES —- We NOW Hit the resistance MARK — as mentioned. TOP OF THE CHANNEL IS NOW REACHED. – at 23999 — at 11am. This is the critical mooment before easter weekend. It is basically at the top of the channel now — where resistance will occur. Will it BUST upward and through this point. — or turn back down the channel with the resistance that.

I am sad to think of the reason for this kind of collapse, but definitely a pattern exists. Have a look at the MELI chart, whicch provides a blueprint of the pattern. In a sentence – it is a expanding triangle, and then a retrace to between 0.5 and 0.618 and then a really strong wave down = 0.764 to 1.0 of the width of the megaphone. In the case of MELI, we.

Is it really any wonder why the markets crashed?!

1 year view of death cycle incoming

Detail @ The Chart

Hmmm. logic anyone? Cruise line stocks up big. why? Hmmmm, let’s get ready for a reality check and get that cash ready for the next leg down. I hope the drop doesn’t hurt people too badly. For those who have been training for this. hats off to you, this is your time. :)

I thought. I Share this . I’m working on Intuitive science and Rational art .

This is one of the scenarios that i believe will happen end of this year.

Back to business as usual by June?

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

DJI has the same algo as BTC. Next top will be at 50k in 2025 and it will fall back to 30k.

DOW JONES — channel charting may reverse IF cant reach 23700. —pivotal moment coming up. here. possibly. My opinion of what I see in the charting. There could be major reversal coming up if the DOW cannot reach an area of 23700. we ar e getting close. near the top of the channel where resistance will be. If it breaks that 23700 mark it could go.

Looks like the downtrend is coming back on Dow i’m shorting maybe 1000 points or more ? Good luck guys

for reference.. its just more doom rates..

Here’s how the stock market declined in 2020 from the peak in January and the peak in October as compared to the current peak. I also have graphed the levels of support from previous panic selloffs as represented by the pink triangles and lines. Usually those are reference levels for support for the market. Notice what happened back in late 2020 when the.

Dow Jones Futures Rally More than 200 Points on US-China Trade Talk Optimism

Optimism that the United States and China are making significant progress toward bringing an end to the trade war that has roiled the economy in recent months has the Dow Jones Industrial Average and other major stock indices pointing north ahead of the year’s last trading session.

Dow Preps Gains amid ‘New Reality’ of Volatility

The Dow Jones Industrial Average is pointing north ahead of Monday’s limited trading session.

As of the time of writing, Dow futures signaled a more than 200 point rally from Friday’s close, implying a rise of around 0.89 percent. S&P 500 and Nasdaq futures were eyeing notable climbs of their own, with the former preparing to jump 0.70 percent and the latter 0.91 percent at the opening bell.

The bullish moves follow weekend reports that the US and China have narrowed the gap between their respective stances on the ongoing trade war and are close to reaching a compromise.

“Deal is moving along very well. If made, it will be very comprehensive, covering all subjects, areas and points of dispute,” US President Donald Trump tweeted on Saturday, as CCN reported. Trump further said that the two sides had made “big progress” following a “very good call” with Chinese President Xi Jinping.

Just had a long and very good call with President Xi of China. Deal is moving along very well. If made, it will be very comprehensive, covering all subjects, areas and points of dispute. Big progress being made! — Donald J. Trump (@realDonaldTrump) December 29, 2020

However, it’s unclear whether a trade deal would provide the market with enough footing to climb out of a downturn that has threatened to turn into something much more severe. In any case, it’s unlikely that the market’s recent volatility will go away anytime soon, according to Mohamed El-Erian, chief economic adviser at Allianz SE.

El-Erian, who unlike Goldman Sachs maintains strong growth projections for the US economy, said that daily swings of 1,000 points or more are likely the “new reality” for the Dow as it cools off from a prolonged bull run.

Bitcoin, Crypto Market Slouch Toward 2020

Of course, such volatility has long been the norm in the crypto markets where investors must be relieved to finally put an end to what has without a doubt been a terrible, horrible, no good, very bad year.

Characteristically, then, the cryptocurrency markets on Monday appeared poised to slouch into 2020, devoid of the triumphalism that accompanied that last year’s turn of the calendar.

The bitcoin price yet again failed to make a sustained break through the $4,000 barrier after testing it over the weekend.

Major cryptocurrency assets including bitcoin, ripple (XRP), ethereum, and EOS were down across the board, with just two tokens registering daily gains against the US dollar as of the time of writing. The bitcoin price was trading at $3,744, representing a daily composite loss of about 2.43 percent, while ripple was down 3.52 percent. Ethereum performed somewhat better with a loss of just 1.75 percent, enabling it to creep within $270 million of slipping past XRP to regain the second position in the market cap rankings.

So what awaits bitcoin and the wider crypto landscape in 2020? That remains to be seen. Perhaps, as bulls have long predicted, institutional investors will finally begin to make a splash in the decade-old crypto markets, carrying them to new highs. Conversely, the bitcoin price may begin to grind lower, forcing hodlers to test their mettle further as an increasing number of investors see the value of their funds dip into the red.

Featured Image from Shutterstock. Price Charts from TradingView.

Merval slumps 14% amid virus fears, country risk soars above 4,000 points

As global markets take huge hits, benchmark Merval index of Buenos Aires Stock Exchange plunges more than 14 percent; Country risk rose to 4,040 points, a height not seen since June 2005.

Geoffrey Comte

share it

Turmoil in the global markets hit closer to home again on Wednesday in a brutal day for local exchanges and securities.

The benchmark Merval index of the Buenos Aires Stock Exchange plummeted 14.47 percent to 22,087.13 points on Wednesday in another day of nervousness amid the coronavirus pandemic.

Overall, 130 stocks reported declines, while only 13 closed higher than at the beginning of the day.

Among the hardest hit were the state energy company YPF (down 25.98 percent) and the Aluar aluminium firm (down 19.77 percent).

Read more.
Government steps up efforts to bring stranded Argentines home

The volume traded in shares reached 1,055.8 million pesos (US$16.1 million at the current exchange rate).

Argentina, which must restructure a heavy public debt load in the coming months, also registered a sharp near 11-percent rise in its ‘riesgo país‘ (country risk) rating to 4,040 points as local bonds collapsed on Wall Street.

President Alberto Fernández’s government had intended to present an offer to foreign private bondholders in mid-March to renegotiate almost US$70 billion of public debt. But in the face of global instability, it has postponed its manouevres.

Read more.
Government unveils multi-billion-peso package for low-income Argentines

Argentina has registered 97 cases of coronavirus, three of them fatal.

It was another day with big losses across the world’s major markets, with Argentina not being exempt.

European stock markets opened with losses of up to four percent affected by the fall of futures on US stock indices.

Global actions were turning red as fears of the consequences of the coronavirus overshadowed the major support measures approved by authorities around the world.

On Wall Street, the Dow Jones index fell 6.7 percent.

PAGE NOT FOUND

The page you requested was not found. You may have followed an old link or typed the address incorrectly.

We’ve also been doing some house cleaning so the page may have been moved or removed.

Please try searching for what you are looking for or you could go to the home page and start from there. Or you may be interested in today’s top stories.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

Like this post? Please share to your friends:
Binary Options Trading: Brokers Reviews
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: