Whenever indexes are trading at or below the T line, they are much more susceptible to selling off, enhancing bearish sentiment, when bad news is announced. The taxation on the European banking system is the bearish stimulus. The short positions have better prospect.
August 8th Daily Market Comments
Whenever indexes are trading at or below the T line, they are much more susceptible to selling off, enhancing bearish sentiment, when bad news is announced. The taxation on the European banking system is the bearish stimulus. The short positions have better prospect.