correction? Where what and how? Strategy
The present scenario has come true actually declining in the EURUSD, given the continuing downward trend we have from the top to 1.42. Since yesterday, continues with the next revisions of growth and decline are retained, however, below the psychological level of 1.3. As So far the market is setting the pro dollars and the market clearly waiting for a pessimistic scenario, unless you are another trap, this time the bears ...
If we look at the SP500 and the overall U.S. market, you may notice a reluctance to exercise more than 1% correction, the previously discussed strategy zmyĆkowy Summit 1281 gave a profit, but the market does not come down lower than the previous local support DJIA 11600, SP500 1262nd An interesting situation, my strategy is to address the short resistance and possible re-buy as the market does not penetrate the resistance of 1277.5. Can actually be too risky to play for fake killing top from this level. Overall, the sentiment of the market as weak, a small probability of formation of new peaks, and confirming their higher-hole, at least for now
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