26/10/2012

DOW and SP500 are in a VERY important situation now

US news CET 14:30 is about GDP annually and personal consumption and can affect the markets since they are in a very delicate situation with just a few points above crucial supports. For DOW the 13.000 mark is of greatest importance and so is 1.400 for SP500.

After bell news in US Thursday, Apple came in with bad news and all Asian markets fell and so did Europe and the US indexes. US markets open 15:30 and might react on Apple and the news.

The EURO has broken strongly on downside to a low of 1.2882. Next support is at 1.2825.


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