The New CS Board

[ahimsak]

Is a tricky market to play. We all agree if the ECB announces a QE of their own, stocks around the globe will rally sharply for a couple days, and maybe even more.

My opinion is central banks can put a floor under how bad the economy will become, but in the end it can not make a bad economy good, and that is the case right now.

We broke an important trend line last week, and the market is struggling to get back to that line, and back to the falling 21dma. it will not make it is my opinion.