STOCK MARKET WATCH– Circuit Breaker Targets — Thursday, Mar. 12– Reaction day…..

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 23,553.22 Wednesday.

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 2,714.38 Wednesday.

…”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).”…

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Trigger targets for today:

Level 1 : -191.90 = 2,549.48
Level 2 : -356.38 = 2,385.00
Level 3 : -548.28 = 2,193.10

Expectation of approximate DOW levels at triggers:

Level 1 : -1,648.73 = 21,904.49
Level 2 : -3,061.92 = 20,491.30
Level 3 : -4,710.64 = 18,842.58

Dow Futures are down -1,000+ early.
Plunge Protection Team today?



h/t Trained Noticer