Disliked{quote} What about a nice heroine shot for the market from China this year #stimulus #Faceripper 2016 who knows. or a dull bear market rally.Ignored
Whatever the case, we may have or about to see the bottom in US equites for the mid and long term. In my books we are crumbs away from a TA point of view and only the collapse in OIL and jitters in China are still weighting heavy in the very short term.
Neither macro fundamentals, or business financials, neither monetary policy justify US markets much lower than the current lows. Correction will be done and confirmed by the end of the month. What is clear is that we will be stuck in the current range (2100 / 1800 S&P ref) prolly for the rest of the year or at least until normalisation is well underway (+/-US elections) ...
We'll see
sisse
Pending conversations? PM for a chat...I am mainly in OTM now