D4rkEnergY

Transport and Trump Ruin US Stocks - DOW Is Once Again In DANGER

DJ:DJI   Dow Jones Industrial Average Index
Dear Friends!!

Ouch, ouch - Traditional Markets are bleeding Tuesday. Dow Jones, Nasdaq, SPX and Russell down 3-5 %! Worst day in a month.

FAANG Stocks ( Facebook , Apple , Amazon, Netflix and Google ) dizzy too. FB the least, but maybe not a surprise after Marc Zuckerberg's hearings in the senate in July, which has made FB Stocks fall like a knife.

SO WHAT HAPPENED?

- Dow transports suffer biggest-ever point drop , led FedEx and UPS stock selloffs.

- And then we have Trump 'The Tariff Man', who had this idea, that he via his stupid Twitter messages, and after a face to face meeting with Chinese President Xi Jinping could convince him not to raise tariffs on more than $200 billion in imports to 25% from 10%.

It doesn't look good so far - and the markets have reacted negatively on that.

And back to Dow Jones - DJIA closes 800 point under with a -3 % - looking from a TA Perceptive it is horrible news. As you can see, after our Powell Rally we managed to climb up on the EMA's and could cruise on them for a couple of months, and make some solid gains.

After yesterdays drop - we only have support from last EMA . A very critical point! We really want to avoid falling below!

-D4
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How about an update, please.
Reply
Can we call recent crash in stock markets Trump Crash?

It seems he's been doing the same thing the government did before 1929.

Trade war, no winner at all!
Reply
it's on a 5th wave... unless it is artificially propped up... the market is always going to retrace! And for quite sometime the market has not seen anything like 2007 with a crisis in the subprime mortgage market in the United States, this created a domino effect... I believe Trump will cause something similar... the dominos are about to fall...
+1 Reply
D4rkEnergY LisaNEdwards
@LNE, In a potential ABC Flat irregular/expanded Structure the B Wave will go higher than 5.
+1 Reply
LisaNEdwards D4rkEnergY
@D4rkEnergY, Do you really believe that will happen with the way Trump is currently behaving?
+2 Reply
ForexCryptoA D4rkEnergY
@D4rkEnergY, how has been your bitcoin bullrun? i am sure you made a lot of money in the bull run since May 2018
+1 Reply
Comment removed.
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