Looking at the action of the markets, it looks like the US markets have started to recover from the low. DIA and SPY show stronger trading pattern over the past 3 trading days. As of current intraday, QQQ Nasdaq has climbed above the 200-day moving average (2645). Continue to monitor if QQQ managed to close above the 200-day moving average. US market is looking good for another bull-run.
For Asian markets. STI managed to stay above 3000 and closed strongly higher today at 3053. HSI and SSEC also both closed strongly higher today. Do bear in mind that these 3 markets are still below their 200-day moving average. The good point is that the sentiment is getting better.
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