30/10/2014

All things considered

FOMC report at 19:00 Wed sparked as expected strong movements up and down in big range before close. SP500 reached 991 but closed at 982. Asia has been trading below this close so far at 07:13.  DAX took an intra day high at 9.158 which is where the falling 8 weekly MA will be Monday so I do not think that area will be challenged Thursday and Friday.

Today Janet Yellen will speak and comment the FOMC report at 14:00 and GDP and Jobless claims come 13:30. Chairman Yellen use to make the markets move on upside. NIK and HSI are up at 07:26.

DAX opens in 30 minutes and will be followed all day together with SP500.

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