In no mans land - Waiting for Godot:) Losing correlation with EURUSD. Could go either way. This will soon pass: grooveshark.com next week (from AAII investors update): We will get an early glance on at fourth-quarter earnings as 15 S&P 500 member companies are scheduled to report. Included in this group are FedEx Corp. (FDX) and Oracle Corp. (ORCL) on Wednesday;...
Probably little lower and then catching up with german DAX - this also means that markets will have some upside correction after new low.
One to watch for Europe. For now orange dotted horizontal line held - bullish above green h.l.. Fib speed fans, EMA-s & orange trend line as support. EMA-s on daily chart as resistance. www.youtube.com
Double top with bearish divergence of the RSI just completed, its time to go short now. . . .as I open my trade
Go short when the price retest the resistence level of 4232 and the target price is 4106
There's a slight chance it reaches 4225 - 4235 again but then it's going down !