06/01/2012

SP500 and DOW closed at the same level for a third day on Thursday

The daily trends are still up and the 2 hour trends are moving sideways. Markets are now waiting for US employment data for December at CET 14.30 which is expected to come in at 150.000 new jobs. These figures are always market movers.
Next week  Spain and Italy will sell 10 year bonds and the yields will focus the markets.
It is still to early for me to give a relevant prognosis for the indexes.

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