March 9, 2020
Chris Vermeulen
TheTechnicalTraders.com
“…The US stock market opened Sunday, March 8, 2020, dramatically lower. Oil collapsed 25% to near $30. Gold shot higher to levels just above $1700. All of the major US indexes were lower than 5%. As of this morning, the US major indexes are lower by 6.40%, and oil down 23%. Bonds are set to open 7-8% higher at this time.
As mentioned in yesterday’s update, we could see metals and miners get hit with margin calls, and silver took a beating last night down over 5%, and miners are down 5% in pre-market, so things could get uglier yet….”
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EMERGENCY TECHNICAL TRADERS MARKET CRASH UPDATE & VIDEO ANALYSIS
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Jeff Baker
Senior Analyst – Admin/Web Developer
B.Sc. Geological Sciences (UTEP)
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