Capitulation or Continued Weakness Ahead?

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Most markets closed deep in the red today (Monday)…including Major World Indices, equities, commodities, and non-U.S. currencies.

We’ll see if today’s action represents any kind of major capitulation or whether it’s a renewed sell-off in all markets…we may gain further insights from market reaction following this Wednesday’s FOMC meeting, economic forecasts, and Chair press conference.

Data provided by www.indexq.org