We have seen a strong rebound in the stock markets. This rebound is a reaction to the rapidly oversold situation in the market. Volatility has declined, and thus the coverage and repurchase of short positions have been commonplace today. The reaction is above all triggered by the strong quarterly figures from the USA. There is a high expectation in the market regarding the Q3/18 results. Especially the banks were able to convince well. It seems that the buyers are not exhausted and there is still some more buying pressure.
With our algos Max, Ultra and Select we have already achieved a nice profit this week. In the downward phase, we have bought the stocks at low levels, which we are now selling in the market