I think the USA markets are going to crash tonite.

themickey

themickey

I think the USA markets are going to crash today. (tonight Australia time where I'm living)
Australia got hammered hard downward, then rebounded, but aftermarket, the ASX SPI futures are falling again.
DAX, CAC40 and FTSE are falling.

I don't post this sort of stuff usually but my impression is today for USA will be a good day to go short or exit your longs.

Australia has been down last couple of weeks, we are the canary in the coalmine me thinks.
After NZ which is the first market in the world to open (which is rather an insignificant market - dairy & forestry mainly), Australia is the next market to open daily.
 
Last edited:
themickey said:
I think the USA markets are going to crash today. (tonight Australia time where I'm living)
Australia got hammered hard downward, then rebounded, but aftermarket, the ASX SPI futures are falling again.
DAX, CAC40 and FTSE are falling.

I don't post this sort of stuff usually but my impression is today for USA will be a good day to go short or exit your longs.

Australia has been down last couple of weeks, we are the canary in the coalmine me thinks.
After NZ which is the first market in the world to open (which is rather an insignificant market - dairy & forestry mainly), Australia is the next market to open daily.
More...

Good indicator. Time to go LONG again ;)
 
Good call but usually they aren't really indicators of each other. For example HK was selling off like mad. Brazil was also selling off 4-5% per day, no other markets followed.

I think an overreaction to the IMF statement. FED minutes tomorrow, I think it'll be volatile.
 
i think at oil currently trading at -1.5% and stock markets trading up a bit at 9:15 ET we are going down. at least at some time from open.
 
Thanks for all the comments and feedback.
Today USA time I'm picking a move back up, but the duration may be shortlived - a day or two perhaps no more.

S&P500 may go down first a tad on open today then retrace upward. I think the down move recently was a bit overdone in the short term so will correct upward is my call, I don't see anything major in terms of a move today which would me warrant shouting from the rooftops like my first call.

In a couple of days I may give another comment, depends how strong the signal is.
 
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