Major indices continue to get creamed.
the US major indices continue to get hit hard.
- All 3 are in correction mode now (-10% declines from the high)
- NASDAQ down nearly 300 points or -3.3%
- the Dow industrial average fell over 800 points and is down -2.96 points
- S&P index is down -91 points or -2.95%
The price of Apple has moved below its 100 day moving average at $280. We currently trade at $276.07, down -5.67%.
The EURUSD is testing the 1.1100 level. It is above a swing area and re-enters the consolidation range that confined the markets from mid-October until early this month, (above 1.09806). That is now close risk for longs.