Checking the daily charts for the XJO, Dow, SPX and NDX100, to see the relative amounts of recovery since the lows of late last week, we see the following.
The Dow and the NDX100 did not penetrate below their EMA200, and the SP500 did do so, but by less than 1%.
Currently the Dow, NDX100, and the SP500, sit at 6.5%, 7% and 4% above their respective EMA200.
The XJO did penetrate it's EMA200 to the downside by 1.5% , and remained below for all of last week and Monday, and currently is still very slightly below. Movement to the upside is a slower process on the ASX.
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Checking the daily charts for the XJO, Dow, SPX and NDX100, to...
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