Wednesday, 25 January 2012

S&P and EURUSD will soon start a large decline

 My view is that S&P will soon give a decline of aproximately 70 points at least. New highs around 1340 could be met if 1295-1300 is not broken. I have the feeling that it is rising with less power everyday and that the rise is exhausted. I favor downside moves through 1300 soon.

EURUSD in important resistance.....I favor downside here too with targets below 1.26 . 

No comments:

Post a Comment