Jump to content

World Stock Markets Trading Discussion - Obliterated optimism


Recommended Posts

  • Replies 86
  • Created
  • Last Reply

big.chart?nosettings=1&symb=AU%3AXAO&uf=

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

 

A serious downdraft for All Ords with the index finishing -3.2%.  Worst off sectors were IT -4.6%, Energy -4.5%, Consumer Discretionary -4.2%, Healthcare -3.8%, Financials/Telecomms -3.3%.   Some buying going on .. my screen had a few green stocks on it at close.

Over in Asia, China -3.4%, Hong Kong -5%, Japan -4.7%, India currently -1.5%.

 

 

On to UK/Europe:

 

 

big.chart?nosettings=1&symb=UK%3AUKX&uf=

 

big.chart?nosettings=1&symb=DX%3ADAX&uf=

 

big.chart?nosettings=1&symb=FR%3APX1&uf=

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

Link to comment
Share on other sites

The real support is 55 Ema on weekly sp500 which is tracked by every investment bank from WS to Londyn and Tokyo

 

I read their report every week.

 

 

"Support" in markets like this is a very vague concept.  That said, in overnight futures sessions numbers can be defended pretty easily.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...