Re: S&P Analysis
The S&P failed yesterday to confirm our s/t target despite the 1300 overshooting. While above 1286,30 we expect another test on the upside!
The indicators of the daily chart are still well positive but close to the overbought area. Those of the s/t ones are negative this...
Re: S&P Analysis
The S&P is confirming a strong move up that already favoured a 1300 overshooting. We expect a test of the s/t target at 1303,40 with a possible direct overshooting toward the 1315 area, where we expect decent resistance and where we want to go short this contract in case of an...
01/16/2012 S&P Analysis
The S&P confirmed a negative closing on Friday managing however to recover from a low at 1272,70. The weekly closing was instead still well positive, even strong. The indicators of the daily chart are well positive but still close to the overbought area; those of the...
S&P Analysis
(1276,50)The S&P plunged already below the 200 hours line, now s/t resistance at 1278,30. While below 1281,00 on an hourly closing we expect a 1270 undershooting. Note however that the indicators are already close to the oversold area showing also potential positive reversals.
Gold Analysis
Spot gold prices rallied again on Thursday hitting fresh 4 week highs of $1662.15 in the NY session, as the EUR/USD picked up following an overdue relief rally on the back of some well received Spanish and Italian auctions in the European session. The move was assisted by the pick...
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