Twenty-four hours ago, the markets were looking forward to a corrective move higher after the FOMC put 75 basis points off the table going forward. However, the broader Nasdaq and S&P were closing right around the 100 hour MA. The technicals were not in “clear sailing” seas. Today, the indices opened lower and some pretty poor productivity data (worst since 1947) turned the buyers into sellers and that selling did not abate for most of the day. The Nasdaq traded to a new 2022 low. The S&P remains above its lowest low for the year but was down over -3.5%. The Dow lost 1000 points.The final numbers are showing:Dow fell -1063.11 points or -3.12% at 32997.96S&P fell -153.30 points or -3.56% at 4146.86Nasdaq fell -647.15 points or -4.99% at 12317.70Russell 200 fell -78.77 points or -4.04% at 1871.14.Tomorrow is another day, but today the market was sick. How we feel tomorrow?
Related Posts
Member Support: License Management
8 Copthall Roseau Valley 00152 Dominica
@ 2023 Euronis Software LLC

MetaQuotes

MetaTrader 5

Ryzen 9

Equinix

kamatera

Google Cloud

Vultr

Azure
Euronis is fully automated trading software.
About us
Platforms
Services
Terms
Risk warning: Forex, spread bets and CFDs are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your initial investment. You should ensure you understand all of the risks.