STOCK MARKET DOOM watch- Circuit Breaker Targets- Monday March 02, 2020

Basics:

The NYSE opens at 9:30 am EST and closes at 4:00 pm

The most reported and most followed is the DOW Ind. Average.

The DOW closed at 25,409.36 Friday.

If the markets plunge to certain levels, trading will be
halted for a time.
This is commonly known as "circuit breakers".

The circuit breakers are triggered by a decline in the S&P 500,
not the DOW, although both indexes usually rise and fall in
very similar percentages.

The S&P 500 closed at 2,954.22 Friday

..."If the index falls by 7% below its previous close, this is
known as a Level 1 decline. A Level 2 decline refers to a
drop of 13%, whereas a Level 3 decline refers to a drop of 20%.

Level 1 or 2 circuit breakers halt trading on all exchanges
for 15 minutes, unless they are triggered at or after 3:25 PM,
in which case trading is allowed to continue. Level 3 circuit
breakers halt trading for the remainder of the trading day
(9:30 AM to 4:00 PM)."...
[link to www.investopedia.com (secure)]

Trigger targets for today:
Go long! DOW will close +500 today!
S&P
Level 1 : -206.80 = 2,747.42
Level 2 : -384.05 = 2,570.17
Level 3 : -590.84 = 2,363.38

Expectation of approximate DOW levels at triggers:

Level 1 : -1,778.66 = 23,630.70
Level 2 : -3,303.22 = 22,106.14
Level 3 : -5,081.87 = 20,327.49


Likely big swings today...
:bf91:

Basics:

The NYSE opens at 9:30 am EST and closes at 4:00 pm

The most reported and most followed is the DOW Ind. Average.

The DOW closed at 25,409.36 Friday.

If the markets plunge to certain levels, trading will be
halted for a time.
This is commonly known as "circuit breakers".

The circuit breakers are triggered by a decline in the S&P 500,
not the DOW, although both indexes usually rise and fall in
very similar percentages.

The S&P 500 closed at 2,954.22 Friday

..."If the index falls by 7% below its previous close, this is
known as a Level 1 decline. A Level 2 decline refers to a
drop of 13%, whereas a Level 3 decline refers to a drop of 20%.

Level 1 or 2 circuit breakers halt trading on all exchanges
for 15 minutes, unless they are triggered at or after 3:25 PM,
in which case trading is allowed to continue. Level 3 circuit
breakers halt trading for the remainder of the trading day
(9:30 AM to 4:00 PM)."...
[link to www.investopedia.com (secure)]

Trigger targets for today:

S&P
Level 1 : -206.80 = 2,747.42
Level 2 : -384.05 = 2,570.17
Level 3 : -590.84 = 2,363.38

Expectation of approximate DOW levels at triggers:

Level 1 : -1,778.66 = 23,630.70
Level 2 : -3,303.22 = 22,106.14
Level 3 : -5,081.87 = 20,327.49


Likely big swings today...

[link to www.stockmaster.in]

[link to www.stockmaster.in]

Right now, markets across the world are down
Except Hong Kong is UP. Go figure...

:bf57an3: