Thursday, 17 November 2011

Markets on the edge of the cliff....

eurusd looks quite ugly like every past session....early morning low of 1.3420 very possible to be revisited unless 1,3560 broken upwards....pressure to move from there to major european indices!!!


 dax is vulnerable due to euro weakness and 5850 major support is what we are interested in today. Due to the break of 1140 of spx, I believe dax sooner or later will break this support.



at 10:20

2 comments:

  1. Alex17 November 2011 at 14:29

    Stocks are falling, commodities too, dollar ralies.....so do you still believe 1150 spx is far away? 1215 spx will try and save us.....

    ReplyDelete
  2. Alex17 November 2011 at 16:26

    indices and euro gaining back what they lost....just for the us open or for more days?did we see a bottom today in european markets?

    ReplyDelete

Subscribe to: Post Comments (Atom)