Yeah, I not sure how much more markets could rise on this 'news'.
They are all quite overbought and looking a little overextended..
I'm a bit curious as to why the DAX is also rising??
What does Germany's stock market have to do with a US/China trade deal..?
Does this recent rally/bounce have the economic fundamentals to support it...?
I'm not sure about other markets but Germany's economy isn't looking very good and will probably be heading into a recession this year...
My timing was a little early yesterday on the 'big short' ha..
I'm thinking this could be another sell the news event just like the last meeting, something to be definitely watching tomorrow morning whether you are bull or bear, long or short..
Short Term Trading Week Starting: 7 Jan, page-92
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Last
8,699.1 |
Change
-0.900(0.01%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,700.0 | 8,700.0 | 8,649.0 |
| XAO (ASX) Chart |
