Today's gap-down "shock drop" in Foreign ETFs was accompanied by a big volatility spike in each one at levels seen in September/October 2011 during large declines in these markets, as shown on the Daily chartgrid below. Volatility is represented by the white histogram which is overlaid on price.
Percentages lost on today's trading in these markets is depicted on the graph below and is reflective of the losses made in Global market indices, as mentioned in my prior post.
Inasmuch as the recent daily uptrend has also been broken on increased volumes on most of these Foreign ETFs, they are worth a close watch for the remainder of the week and in the weeks ahead.
Welcome and thank you for visiting!
The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex
DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
please read my full Disclaimer at this link.
UPCOMING (MAJOR) ECONOMIC EVENTS...
* Wed. Oct. 18 @ 2:00 pm ET ~ Beige Book Report
* Tues. Oct. 31 ~ 2-day FOMC Meeting Begins
* Wed. Nov. 1 @ 2:00 pm ET ~ FOMC Announcement
* Fri. Nov. 3 @ 8:30 am ET ~ Employment Data
* Wed. Nov. 22 @ 2:00 pm ET ~ FOMC Meeting Minutes
* Tues. Dec. 12 ~ 2-day FOMC Meeting Begins
* Wed. Dec. 13 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts + @ 2:30 pm ET ~ Fed Chair Press Conference