Thu 18 Aug 11 | 02:40 AM ET

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Markets Set for Steep Drop and Rapid Recovery

Thu 18 Aug 11 | 02:40 AM ET

"I could see a special formation known as a V formation a V shaped recovery and that means a step drop and a fast recovery and this formation started at 6,000 on the SMI and would end up at 6000. We¿re at 5,330 and the formation is still good as long as we don¿t break to the down side then the formation is not valid anymore," Daniel Stillhart, portfolio manager and technical analyst, LB Swiss, Frankfurter Bankgesellschaft Zurich told CNBC.

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Big Orders Generate Optimism at Paris Air Show Mon 17 Jun 13 \| 10:33 PM	Expect Continued Action From China: Expert Mon 17 Jun 13 \| 10:21 PM	Third Point Pushes for Sony Spin-Off Mon 17 Jun 13 \| 08:35 PM	Trouble in China's Shadow Banking System Mon 17 Jun 13 \| 08:20 PM	The Darkside of China's Real Estate Boom Mon 17 Jun 13 \| 08:18 PM
Developing Markets Need Continuous Reforms: World Bank Mon 17 Jun 13 \| 08:10 PM	Moody's & the Motor City Mon 17 Jun 13 \| 07:52 PM	Crazy Fed Obsessed Markets! Mon 17 Jun 13 \| 07:45 PM	An Anti-Competitive Decision? Mon 17 Jun 13 \| 07:44 PM	US Banks Can Avert 2008 Scenario: Pro Mon 17 Jun 13 \| 07:40 PM
Former KPMG Senior Partner Arraigned Mon 17 Jun 13 \| 07:25 PM	Snowden: I Am Not A Spy Mon 17 Jun 13 \| 07:15 PM	US Econ Resilient, Fed to Taper in September : Pro Mon 17 Jun 13 \| 07:08 PM	G8 Summit All Talk, No Action? Mon 17 Jun 13 \| 07:00 PM	Smoky Haze Shrouds Singapore Mon 17 Jun 13 \| 07:00 PM
No Huddle Offense: Left Out In the Coal? Mon 17 Jun 13 \| 06:58 PM	The 'Personalization' of Investment Risks Mon 17 Jun 13 \| 06:50 PM	Stocks Higher on M&A Deals Mon 17 Jun 13 \| 06:45 PM	Lightning Round Mon 17 Jun 13 \| 06:40 PM	It's a Pearl Jam Market : Pro Mon 17 Jun 13 \| 06:35 PM
Keep Your Eye on Emerging Markets: Pro Mon 17 Jun 13 \| 06:25 PM	OPKO A Smart Way to Speculate? Mon 17 Jun 13 \| 06:25 PM	Restaurant Wars: Red Robin vs. Bloomin' Brands Mon 17 Jun 13 \| 06:15 PM	World's 8 Wealthiest Nations Kick Off Summit Mon 17 Jun 13 \| 06:10 PM	Get Ready For the Fed With Cramer Mon 17 Jun 13 \| 06:00 PM
Mad Money, June 17, 2013 Mon 17 Jun 13 \| 06:00 PM	Fast Money Final Trade Mon 17 Jun 13 \| 05:58 PM	You Tweet It, We Trade It Mon 17 Jun 13 \| 05:50 PM	London Speaks For First Time Mon 17 Jun 13 \| 05:50 PM	Options Action: Smithfield Foods Takeover Bid Mon 17 Jun 13 \| 05:45 PM

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Markets Set for Steep Drop and Rapid Recovery

Markets Set for Steep Drop and Rapid Recovery

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