.The US stocks are actually proceeding their downtrend with the Dow right now down 700 aspects or 1.70%. All the Dow 30 stocks are reduced. The S&P mark is actually down -88 points or even -1.60% at 5408.87. That is acquiring closer to this 100 time moving standard of 5391.77. The price move below its own 100 day relocating average back on August 5 (the day the Nikkei dropped -12.4%). The rate shut back over that moving normal degree on August 8. What are actually some agitators: The controversy results slant toward Kamala Harris. The market places are actually frightened although the plans she points out are actually much less arming than Pres. Biden. The corporate income tax rate is actually anticipated to relocate greater. The babble concerning financing gains income taxes increasing for those bring in greater than 1M annually. Primary inflation was still higher with home remaining to be actually a complication. China weak.The Fed reducing through fifty bps is off the table. Understanding of slower US development ahead. Geopolitical threats remainPostives: Oil costs are lower.Yields are lower which lowers mortgage loan ratesThe stock exchange succeeded under Biden also. Initial unemployed claims are not pointing to an economic downturn. Real every week profits rose which leads to performance gains.This write-up was written by Greg Michalowski at www.forexlive.com.