Markets quick update

Posted: January 8, 2016 in Uncategorized

At the moment the markets are deeply oversold. It could snap back, but the target is still 1820/1867.

The market does not have the features of a 2008 style crash…more similar to last year mid year scare.

To become a 2008 event it needs a trigger (space to watch Iran/Saudi, high yield US market, Emerging Markets incl. China for something seriously bad).

Usually the markets is too fast to play in any direction.

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