Do These Explanations Make Sense for This Intraday Stock Market Turn?

 

The market "is not propelled by ... external causality"

By Elliott Wave International

On Oct. 19, the DJIA had been trading higher for much of the morning, but by the last hour of trading, the index was more than 400 points in the red.

During that last hour of trading, a major financial website offered this explanation (CNBC):

Dow drops more than 400 points as stimulus uncertainty grows and coronavirus cases rise

Also toward the end of that day's trading, the Wall Street Journal said:

 

UNICREDIT analisi tecnica elliott gann

 

 

SAP Cuts Outlook stock price crashes , the biggest intraday fall since 1999