Will US Stock market crash November 2018

The price of Nasdaq100 is testing an important area again, like on October 11th, 2018.
Three times during 2018, the price tested this area and now, the price managed to break through.
Now we see the price to break through this lever again and if the price manages to break below this area, then we might see a further fall which can produce panic on the market and create a Stock crisis.
The next support for Nasdaq is 6400, then 6300 and finally 6000. We hope these levels will hold, so we don’t experience a crash of 60% like in 2008 and 2009. Or even worse when the price fell from 4800 back in 2000 down to 811 in 2002. That Stock crisis took 14 years before the Nasdaq price was back at 4800.

It is not only Nasdaq that is bleeding right now. All US indexes and many International Indexes like DAX, NIKKEI that have experienced a fall in price as well.

At this moment we are looking very carefully into this situation and follow the Indexes every day. This way we are ready to short the market if the price breaks down these support levels.

The SP500 Index did earlier break the support at 2,890 dollars. Because of this, we now have a short-term turned to “Down” and we might see the next support area around 2,550 dollars.
This new Down-Trend can be confirmed, if the price ends lower than on Friday – so a new possibility for SP500 shorters are definitely possible.

Will US Stock market crash November 2018

Will US Stock market crash November 2018

Within the next days, we will find out if this support area holds. Anyway, we are ready to short the Nasdaq and SP500 Indexes right now. Just waiting for the finale signals.

Will US Stock market crash November 2018
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