Monday's wave of selling began in Asia.
Trading in China was stopped prematurely after circuit breakers were triggered during their first day since they were implemented.
Circuit breakers act as a kind of emergency brake to halt trading during times of extreme volatility.
http://money.cnn.com/2016/01/04/investing/stocks-markets-dow-china/The benchmark Shanghai Composite plummeted nearly 7%.
The Shenzhen Composite, often compared to America's Nasdaq index because it's home to many tech companies, nosedived more than 8%.
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Maybe we should have an old people subforum where all the text is in this size and font. In addition to getting the point across in a loud way to the average reader, your making grandma and granpas stay more comfortable.
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good idea, punk
One bad day doesn't automatically equate to great depression 2.0
Uptrend from 2009 is still firmly intact.
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Maybe we should have an old people subforum where all the text is in this size and font. In addition to getting the point across in a loud way to the average reader, your making grandma and granpas stay more comfortable.
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One bad day doesn't automatically equate to great depression 2.0
Uptrend from 2009 is still firmly intact.
Why does low volume mean a bear market?
After a bull market you don't enter a "bear market"; post bull market you enter a "capitulating" market.
BULL -> CAPITULATE -> BEAR -> BOUNCE
sometimes you'll get bull>cap>bull>cap>bear>bounce>bull>cap>bull>cap etc. or double bear>bounce etc.
We're seeing bull volume dry up; we're at the precipice of the lemming cliff; we're watching the bull "fizzle"; we've since broken the horizontal lines here:
sell volume will then breakout; you'll soon see high volume, fast price movement capitulation.