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Equities: Expect sharp rallies followed by worrisome downturns

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Note: Financial markets will be closed in the USA on Monday, February 15, in observance of President’s Day. REVIEW AND PREVIEW The bear is alive and out of hibernation now. However, this is an election year in the USA, so equity traders must continue to expect sharp rallies followed by worrisome downturns. Last week was more of a worrisome downturn. World stock markets continued to be extremely volatile, with several indices falling to new yearly lows before Friday’s nice recovery in the USA.

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