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World Stock Markets Trading Discussion - Indiscriminate instability


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w?s=%5EAORD&lang=en-AU&region=AU

 

Ker-thunk..  A heavy duty down day for All Ords with the index finishing -2.2%.  Most sectors closed down heavily led by Energy -3.9%, IT -3.3% and Financials -3.2%.

Over in Asia, China -0.4%, Hong Kong -2.3%, India currently -0.8% and Japan -3.2%.

 

 

On to UK/Europe:

 

t?s=%5EFTSE&lang=en-AU&region=AU&width=3

 

t?s=%5EGDAXI&lang=en-AU&region=AU&width=

 

t?s=%5EFCHI&lang=en-AU&region=AU&width=3

https://au.finance.yahoo.com/

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RUT was such a perfect short set-up printing one of the strongest 3 day candlestick reversal patterns right on strong resistive  confluence.  If this wave 5  equals wave I we are going down to 940 ish.  I'll have to put the extension on here.  Since we only did a .38 retracement I suspect we get at least a 1:1  I have a feeling financials and biotechs are going to get hit hard this time, betting on it anyway.   

post-1638-0-43748900-1454513124_thumb.jpg

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