low conviction now for medium term last push down views for dax sp 500 1509112015
Even though, the Germany DAX and the U.S. S&P 500 are still holding below their respective pivotal resistances at (DAX = 10080) and (S&P 500 […]
Even though, the Germany DAX and the U.S. S&P 500 are still holding below their respective pivotal resistances at (DAX = 10080) and (S&P 500 […]
Even though, the Germany DAX and the U.S. S&P 500 are still holding below their respective pivotal resistances at (DAX = 10080) and (S&P 500 = 2007) as per highlighted in our weekly outlook, the conviction is now low for the expected “last push down” in the medium term (1 to 3 weeks) after the latest price actions seen on the Asian major indices, Nikkei 225 and Hang Seng (please refer to the updated weekly outlook on these markets).