All major indices sold off on Wednesday except for the S&P. After being down most of the day, the dollar drop and the subsequent rally in commodities and oil lifted energy shares in the S&P and the index was able to recover all its losses.
Japanese investors are worried about the regained strength of the Yen despite the BOJ intervention and sold the Nikkei.
European PMI numbers on Wednesday were mostly negative and the DAX continued its slide. It is now trading back at its support zone. A a break of 9,350 could lead to a larger sell-off.
Japanese investors are worried about the regained strength of the Yen despite the BOJ intervention and sold the Nikkei.
European PMI numbers on Wednesday were mostly negative and the DAX continued its slide. It is now trading back at its support zone. A a break of 9,350 could lead to a larger sell-off.
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I have been trading for 15 years!
> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: tradeciety.com/webinar/
> Free blog: tradeciety.com/blog
> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: tradeciety.com/webinar/
> Free blog: tradeciety.com/blog
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.