A reassessment or a healthy correction to the violence experienced by stock indices

stock index markets technical analysis

as I wrote last week any correction above is likely to stop for a stronger decline?

This time also the variables that did not join the last wave that was, started to act according to the situation!

In  Forex market you should focus on USD JPY  moves

 Fear index in the markets  rise also 

In a bear market JPY supposed to snatch strong - still not happen …. But I’m pretty sure that when the falls in the markets worsen, he will join the celebration

I will focus on the DOW JONES  NASDAQ  SP500 : 

short-term and Medium period became negative We are a step away from entering a bear market for the long-term - now for my opinion correction above is expected to stop at:

DOW JONES first stop 23,960cross above this level could send the index to cope with 24,300 points - if 23,400 pints will hold then we need to do some Reevaluation

 But an amendment to these levels is reasonable and acceptable from the violence experienced by the index

DOW JONES analysis

NASDAQ  first stop 6580 crosses above this level could send the index to cope with 6860 points - if 6860 points will hold then we need to do some Reevaluation

 However, an amendment to these levels is reasonable and acceptable from the violence experienced by the index

NASDAQ analysis

SP 500 first stop 2570 cross above this level could send the index to cope with 2692 points - if 2692 points will hold then we need to do some Reevaluation

 However, an amendment to these levels is reasonable and acceptable from the violence experienced by the index

SP 500 analysis

will it continue down and roll into a bear market for a year or two, or is there something beyond that?

is this the start of a -30% to -50% decline?

Let’s take a look at the previous declines last crises 2000 & 2008

2007-2009 bear market. US index fell and then made retracement before the collapse.

2000 –2002 bear market. US index fell and then made retracement before the collapse.

This review does not include any document and/or file attached to it as an advice or recommendation to buy/sell securities and/or other advice