June 4th 2019 US/China trade war loss aversion reversion to mean pattern

Overview

The central banks announced they stepped in to prop up the market if situation deteriorates with the ongoing trade war.

The world’s leading indicator

The Russell index observed to have started stabilization as recent as the 31st of May 2019

The trend followers

Down trend persisted for the Nasdaq well till 4th June 2019

Down trend persisted for the S&P 500 well till 4th June 2019

The leading indicator for Asia

The Nikkei Index closely mirrored the Russell 2000 index

Other Asian indexes

The charts for the Asian markets closely mirror the SnP charts with Singapore being most responsive amongst

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