Here’s what it takes to trigger stock-market circuit breakers

openeyes

openeyes

Well-Known Member
Silver Stacker
This is a rewrite from an article on Marketwatch

https://www.marketwatch.com/story/h...gger-stock-market-circuit-breakers-2015-08-24

7% decline
If the S&P 500 falls 7% from the previous session’s close before 3:25 p.m. Eastern, all stock-market trading halts for 15 minutes.


13% decline
After stocks reopen, it would then take a 13% decline by the S&P 500 before 3:25 p.m. to trigger a second trading halt, which would also last 15 minutes.


20% decline
After a second trading halt, it would take a decline of 20% to trigger a so-called Level 3 circuit breaker. Once a 20% drop occurs, trading is halted for the remainder of the day.

I think we will see this or very close to it - today EST 16th March 2020
 
I’ve always wondered what level of gains trigger a circuit breaker on an upswing?

:rolleyes:

Oh that’s right the house owns the table

:oops:
 
What’s everyone’s thoughts about how much the Dow will drop tonight? Will we hit level 3? I’m thinking we’ll hit level 2 fairly quickly, but end up closing about 16% lower
 
As mentioned I think we will stop out for the day at 20%. If not it will be very close. PPT will likely be in action so let’s see what happens. Gold and silver are quite a portend to the days events.
 
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