Skip to content

XTB TRADEBEAT

Stock indices hit by wave of selling; Buying opportunity or more downside ahead?

There’s been a strong sell-off seen today in stock indices with the DE30 tumbling more than 300 points to fall back below the 13,000 handle. The declines haven’t been confined to Europe, with weakness also seen across the Atlantic as the US30 has fallen back to the psychological level of 26,000. Is this pullback in a good buying opportunity in the prevailing uptrend or the start of a deeper correction?

Watch our video below:

 

 

Disclaimer

This article is provided for general information purposes only. Any opinions, analyses, prices or other content is provided for educational purposes and does not constitute investment advice or a recommendation. Any research has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Any information provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it.

Past performance is not necessarily indicative of future results, and any person acting on this information does so entirely at their own risk, we do not accept liability for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.