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The first move stateside is lower-check out the Dow Jones

The US stock markets are now open for live trading and the initial moves have been to the downside. The Dow Jones has fallen towards 35k but not below it yet. The Nasdaq 100 has fallen further below 16k and closer to 15,900. The moves lower comes as rather strangely the major European markets rebound from their earlier lows. Clearly there is a lot of push me, pull you type price action out there at the moment and none of the early US are conclusive by any means. That said the drop back in early trading does smack of a profit related reversal that might be overdue anyway, given the recent gains. The Dow Jones is just now trading at 35,040 
 

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