Almost nothing new can be said about current the WIG Index situation. The price has more or less reached its potential target (from the triangle figure) and made a lower low:
The WIG20 Index seems to broke the support of 2006 low (2273), but remember the 16th of Jul where the similar situation occurred (with support of 2449):
Generally speaking, today's close was not so bad. Nevertheless, we have made lower low again:
Today's surprise comes from UK - to 16 Jun (possible review in 30 days) shorting financial stocks has been banned (here or here). Let's see how the WSE reacts tomorrow. The US markets reacted quite strong, therefore we will probably follow.
Also, tomorrow is the triple witching hour (short introduction in this post), thus we can expect huge volatility near the end of session.
The oil it's worth mentioning (chart thanks to ChartStation):
As you can see, stoploss has been activated. This rally bounced from previously broken uptrend line, what probably means the drop will continue. However, oil is close to the Fibo 61.8% and also near the important level of 85.4 USD per barrel, which can possibly act as resistance and end the correction of oil.
Sources:
[http://www.fsa.gov.uk/pages/Library/Communication/PR/2008/102.shtml]
[http://www.marketwatch.com/news/story/british-regulator-bans-short-selling/story.aspx?guid={844E5B8E-C1AE-4C34-AD80-20193FF1B292}&dist=hplatest]
[href://www.investopedia.com/terms/s/statement-shock.asp]
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