Well, I did have mixed feelings this weekend thinking about this week and how the market would perform. Would the correction continue or do we find the bottom?
Today the DAX, DOW and FTSE 100 developed a buy signal which indicates it might get better. Other indicators are still indicating a weak market performance and it it might be possible we are not seeing an impressive increase during the near future. But the massive reduction of the last weeks might be over.
Lets hope the US Central Bank will find the right words this week and the market will not be shocked.
But as always: just my 5 cents
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