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World Stock Markets Trading Discussion - Icy illusions


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All Ords 5-day chart

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http://bigcharts.mar...com/default.asp

 

Punters were not to be consoled with All Ords off the lows but still showing a stiff loss on the day, -0.9%.  Sectors ranged from IT -1.9%, Consumer Discretionary/Staples -1.7% to Gold with a small gain, +0.5%.

Over in Asia, China down a whopping -5.6%, Hong Kong -2.9%, India currently -0.9%.

UK closed but the main European players doing the dive: DAX -1.7%, CAC -2%.

 

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  http://bigcharts.mar...com/default.asp

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17 minutes ago, DrStool said:

It looks just like the October 1987 bottom. 

It looks like almost any other rally day to me if you ignore where it started from.

Still, unless technicals don't count anymore the bull has been wounded.

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This is sickening. Trump is simply disobeying subpoenas, lawful documents requests, required reports to Congress. There's no one to enforce the law. He is the law.  Now he wants two more years added to his term. The House is powerless. Who will stop him? 

We live in a dictatorship.   

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