Opening Ramp Absent As US Stocks Tumble Below Key Support

Fight Censorship, Share This Post!

The S&P 500 has opened below the critical 2,800 level and extended losses below its 100-DMA as bond yields tumble to new cycle lows…

No opening bid for stocks…

Sent the S&P back below key technical support…

While The Dow and Small Caps are already well below key averages, Nasdaq has also just broken below its 100-DMA (testing support at the 200DMA)…

There’s a long way to fall yet to catch down to bond’s version of reality…

 


This post has been republished with implied permission from a publicly-available RSS feed found on Zero Hedge. The views expressed by the original author(s) do not necessarily reflect the opinions or views of The Libertarian Hub, its owners or administrators. Any images included in the original article belong to and are the sole responsibility of the original author/website. The Libertarian Hub makes no claims of ownership of any imported photos/images and shall not be held liable for any unintended copyright infringement. Submit a DCMA takedown request.


Fight Censorship, Share This Post!

Read the original article.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.