STOCK MARKET DOOM watch- Circuit Breaker Targets- Monday March 09, 2020 DOW FUTURES -1,256

Basics:

The NYSE opens at 9:30 am EST and closes at 4:00 pm

The most reported and most followed is the DOW Ind. Average.

The DOW closed at 25,864.78 Friday.

If the markets plunge to certain levels, trading will be
halted for a time.
This is commonly known as “circuit breakers”.

The circuit breakers are triggered by a decline in the S&P 500,
not the DOW, although both indexes usually rise and fall in
very similar percentages.

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The S&P 500 closed at 2972.37 Friday

…”If the index falls by 7% below its previous close, this is
known as a Level 1 decline. A Level 2 decline refers to a
drop of 13%, whereas a Level 3 decline refers to a drop of 20%.

Level 1 or 2 circuit breakers halt trading on all exchanges
for 15 minutes, unless they are triggered at or after 3:25 PM,
in which case trading is allowed to continue. Level 3 circuit
breakers halt trading for the remainder of the trading day
(9:30 AM to 4:00 PM).”…
www.investopedia.com/terms/c/circuitbreaker.asp

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Trigger targets for today:

S&P
Level 1 : -208.07 = 2,764.30
Level 2 : -386.41 = 2,764.30
Level 3 : -594.47 = 2,377.90

Expectation of approximate DOW levels at triggers:

Level 1 : -1,810.53 = 24,054.25
Level 2 : -3,362.42 = 22,502.36
Level 3 : -5,172.96 = 20,691.82

Dow futures are indicating a severe DOWN day, at -1.256.00
World markets are DOWN.

www.investing.com/indices/indices-futures

 

h/t Trained Noticer

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