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Monday 13 October 2014

No sign of Black Monday today yet, but it's early



This mornign early (6.30 Greenwich Mean Time), the HANG SENG took a sudden dip, but quickly recovered to finish a little up. Later the DAX and the FTSE had a slight recovery. Outside of trading hours, the S&P at first had a good recovery (but ot now, at 3 hours before opening) is beginning to weaken. If the American indices are to follow the Euorpean and Asian, today will see a slight recovery today instead of a drastic drop I predicted yesterday. However, I guess the sharp drop will actually continue or intensify, in accordance with trending line D.

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