DE30: Is the correction coming?

Despite a very dovish Fed we see the third day of price declines on the DE30 as the price dives below12300 points for the first time in 8 days on record global number of COVID daily cases. We have not seen 3 consecutive “red” days on DE30 since mid-May. A similar correction would take DE30 below 11700 points. The next support can be spotted at 11375 points.

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The Week Ahead

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