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Stocks tumble as selling continues… but a rebound looks overdue

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    After another 7 per cent drop in Chinese shares overnight, trading was halted for the second time this week despite the government’s rescue efforts. This time, the session ended after only 30 minutes. Equity market traders got spooked, leading to further big drops in global stock index futures. The European stock markets were down between 2 to 3.5 per cent at midday in London, while US index futures were down about 2 per cent ahead of the Wall Street open, with shares in Apple down 3% in

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