Spu’s 2048 is now ground zero for Equity Indices to hold. price action below will not be pretty, however as long as we remain over the 200 DMA the Equity indices can rebound later in the day.
It either holds or it doesn’t. We’ll have to see if the selling abates after London goes out.
Spain EWP appears to have bottomed for now, having elected the Stops below the January 2015 low and rebounded.
