With reduced central bank support, concerns over the German economy and falling oil prices, Michael Hewson suggests that the recent sell off might be demonstrating a significant shift in sentiment.
  • The Russell 2000 has broken below 1077 and may now target 1000
  • The S&P 500 has fallen below the 1900 level and there is potential for declines towards trendline support from the 2011 lows
  • German DAX had very strong support at 8000, but we have now broken lower and so we may target 7700
  Video content by Michael Hewson of CMC Markets.