middleearth1010
Long

The recent drop in the Dow Jones, and global markets.

DJ:DJI   Dow Jones Industrial Average Index
2-8-2018 Support on 200-MA on 1 Day. Due to the massive bull run, we are seeing a correction for the first time in years. This is "normal" Volatility will remain high, and should stabilize in the next week or so, and a gradual continuation up should take place and stabilize halfway between the high and corrected low. As expected bonds jumped up to extremely high levels, and are overbought imo             . FX, dollar index             and Commodities do not indicate or support a "recession" or "market crash" or "crisis" as of now. (That doesn't mean it could go that way in the future, its just very unlikely in the short and medium term) If we breach 200 MA then its possible it could go down further, and possibly enter bear market, and Analysis would need to be revisited.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out