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Are the markets stabilizing? Reconsidering some trades.

Are The Markets Stabilizing? Reconsidering Some Trades.
Even though the Brexit/EU negotiations are still a mess - and ongoing, it seems to me the financial markets have somewhat stabilized. The Dow Jones gained almost 300 points Yesterday even amid high Brexit anxiety. Is this a turning point? Should we be looking for cheap stocks and other bargains? If that's indeed the case it happened much quicker than I thought. The Dow only tumbled last Friday and this Monday, 2 trading days of uncertainty, but after what happened yesterday I think we might be in for a rebound! That's actually pretty interesting since the GBP/USD is still trading around 30 year low levels. The dollar index was not that much affected in hindsight. It definitely shot up a bit after the news that Britain was going to leave the EU, but not as much as I thought, in fact it the dollar index seems to even out a bit at the moment. So what should we look out for? 
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This post first appeared on VDM Trading, please read the originial post: here

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