S&P 500 Crashes Below Dec 2018 Lows, Dow Collapses Red Since Trump Inauguration

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    S&P 500 Crashes Below Dec 2018 Lows, Dow Collapses Red Since Trump Inauguration The dollar is screaming higher as stocks crash, triggering a Level 1 circuit breaker and a market-wide trading halt… During US trading hours (Cash), these are the levels for the various circuit-breakers to hit: Level 1: 7% fall to 2352.14 before 15:25EDT/19:25GMT will prompt a 15-minute pause. Level 2: 13% drop to 2200.39 before said time will introduce another 15-minute pause. Level 3: 20% decline to 2023.35 within the time will shut the markets Will we see the first Level 2 trigger today? The Dow is down 8% today…down 10,500 points from its record highs… Dropping into the red since Trump’s inauguration… The S&P 500 has now broken below the critical Dec 2018 low…   The demand for dollars is going exponential… As the global dollar margin calls come due.   Tyler Durden Wed, 03/18/2020 – 13:29

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