Lets not forget the Nikkei fell 600 points yesterday.
This is a relief rally, although some stuff is oversold, the market overall will need a period of consolidation before it goes racing up to make new highs.
The DOW has broken some pretty important support levels this week and so may well have further to fall this week which will no doubt scare the heck out of our market when it happens.
Just my thoughts each to his own.
7w
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