On the chart you can see the weekly MAs. This is not a guarantee, just an FYI, if we go lower this could be how. Plan ahead and good luck!
To me it seems inevitable to go down before going any higher. Bulls look determined to charge but they also look exhausted at the moment. After 10 days and two failed attempts to break higher, third time's not a charm. Bulls will have to retreat somewhere around 6500eur as to regroup. In the meanwhile, I feel that a benevolent whale will join their cause, and...
News of one person in the USA being struck my a Chinese coronavirus, cause the markets to retreat on a northward charge. Only some 200+ points. Not much but it is significant. The DJI is highly overpriced at the moment for a whole load of reasons, and it's very twitchy. The fact that the markets reacted to this story at all shows the twitchiness. It's just one...