The EURO and GOLD are both taking new lows now. FTSE daily trend is down. SP500, DOW, NAS and SWED are moving sideways and DAX is hesitating to move higher. A mixed picture. Yesterday's rallies was supported by huge short covering. The index can move higher but it will be difficult. Right now it is difficult to predict today's trends. HSI is down and NIK is up but is working to get above a strong double top.
US bond yields are now locked between falling 8 MA and rising 21 MA. Today's news at 14:30 which can move the markets are Durable goods orders and Jobless claims.
US bond yields are now locked between falling 8 MA and rising 21 MA. Today's news at 14:30 which can move the markets are Durable goods orders and Jobless claims.
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