DAX breakdown into the red region. Doesn't look too good for the markets. But DJF still quite strong. Hopefully DJF for tml will be able to hold us up.
Posted yesterday night
Watch SSE & HSI for clues - maybe they are able to pull us up.
(Posted @ 0905hrs)
Some observations I spotted.
Shipping & commodities are rebounding quite strongly.
However, some sectors like Oil&Gas, financials and properties are not moving much.
Conclusion: I suspect this just a technical rebound for those counters that fell badly (short coverings). And possible window dressing before June-July (quiet trading months).
But if there are short coverings by the BBs, could also mean that they might be longing the market soon.
Disclaimer still applies.
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