A sharp 1.9% drop in Hong Kong's Hang Seng Index overnight is putting pressure on the other global markets as all the major Eurozone averages are lower. As was the case yesterday, the futures are down sharply before the opening with a 100-point loss in the Dow. The early selling was well absorbed on Tuesday so the close will be more important. The daily studies are still range bound as are the major averages, while the weekly studies, like the OBV, did confirm the recent highs. A daily close in ...
A sharp 1.9% drop in Hong Kong's Hang Seng Index overnight is putting pressure on the other global markets as all the major Eurozone averages are lower. As was the case yesterday, the futures are down sharply before the opening with a 100-point loss in the Dow. The early selling was well absorbed on Tuesday so the close will be more important. The daily studies are still range bound as are the major averages, while the weekly studies, like the OBV, did confirm the recent highs. A daily close in ...
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