Charts Today – US stocks tumble, back to testing medium term support [Video]
|Charts Today – 15 August 2019 – US stocks tumble, back to testing medium term support
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Dollar Index bullish and against the Yen.
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Eurodollar lower and bearish shorter term.
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Sterling still weak though improving slightly against the Euro.
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Bitcoin weaker short term, now back below $10,000.
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US stocks fell sharply, back to daily cloud support again.
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Dow and Russell 2000 indices starting to break lower.
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US indices set to open slightly higher today based on US futures.
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UK blue chips and midcaps steady but still in bear trends.
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Germany and French stock indices remain medium term bearish.
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Asian stock indices mostly up overnight, Japan lower.
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Crude oil moves lower but holds short term bullish.
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Gold and silver up on global recession fears - bullish.
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US 10 year yields break down to the 1.50s.
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European banks, oil majors and resources stocks all lower.
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