Hacked: Hacking Finance


Price Alert: DAX, NASDAQ down 2% on Central Bank Confusion

Posted on .

Price Alert: DAX, NASDAQ down 2% on Central Bank Confusion


This article was posted on Thursday, 19:01, UTC.

The major global stock indices are down significantly today, as the apparent “under-the-hood” weakness that we have been monitoring previously finally turned into broad price weakness, on the monetary tightening plans of the ECB and the FED. The NASDADQ’s flash crash two weeks ago was the first tremor, and now the tech index broke the lows, and it’s now testing the long-term trendline. DAX, 1-Hour Chart Analysis The Euro’s strength already weighed heavily on the DAX, and it’s now reached the 12,375-12,500 support range that we have pointed out recently. The S&P 500 is close to triggering our trade recommendation…

// -- Discuss and ask questions in our community on Workplace. Don't have an account? Send Jonas Borchgrevink an email -- //

To continue reading you need to be a Gold Member or Platinum Member. Let us help you become financially independent by signing up. You will get access to exclusive stories, analysis, and guides by experienced traders, economists, and entrepreneurs. Learn more about us here.

Log In Join Now for $39 a Month! OR Save $69 by Subscribing for a Year!

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.

Feedback or Requests?

Receive New Posts on Email:

Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

I got a notification that DAX was down my more…