Every night, after the close, I review my indicators to keep focused on the direction of the markets. The Asian markets are weak . Big declines. They keep heading lower, suggesting the global stock markets have strong headwinds.
Foreign markets cannot escape. Why? It is a fact that all equity markets have exactly the same turning points.
Do not illude yourself. When you buy foreign markets you buy volatility. If the US market declines, they will decline even more....and faster.
Be careful.
George Dagnino
aka Peter Dag
www.peterdag.com
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