mercredi, avril 16, 2008

A bottom end April?

The equity markets remain rated short-term neutral. The scenario remains unchanged looking for a breakout above resistance zone, which will resume the medium-term bottoming process.
It is still expected to come towards end of April(weekly SP 500 chart with cycle finder and Fibonacci time projections) as it seems that most indices will probably try a bullish exit of their trading range. (daily chart DJ Euro Stoxx 50).

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