Investors are likely to continue to bail out of stocks and continue the move into U.S. and German Treasuries and gold in search of safety as doubts over Greece's future in the eurozone continue to build.
DOW, SP500, FTSE, DAX and SWED all closed the week with new downside spikes which is a sign of continued fall of the indexes. DOW closed at 12.362 and my technical target is unchanged at 12.075.
SWED might open with a new gap on downside since this index closes CET 17:30 and the big fall started after Europe closed. DAX and FTSE CFD's continued to fall with the US indexes.
Trading starts CET 00:00 Monday morning and Asia will start 02:00. FTSE can now be traded together with DOW and SP500 from 02:00. DAX opens at 08:00 and Europe smaller indexes will open 09:00.
I will publish as usual before Europe opens and until US close at 22.00.
DOW, SP500, FTSE, DAX and SWED all closed the week with new downside spikes which is a sign of continued fall of the indexes. DOW closed at 12.362 and my technical target is unchanged at 12.075.
SWED might open with a new gap on downside since this index closes CET 17:30 and the big fall started after Europe closed. DAX and FTSE CFD's continued to fall with the US indexes.
Trading starts CET 00:00 Monday morning and Asia will start 02:00. FTSE can now be traded together with DOW and SP500 from 02:00. DAX opens at 08:00 and Europe smaller indexes will open 09:00.
I will publish as usual before Europe opens and until US close at 22.00.
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