Monday, April 13, 2009

14/04/2009 pre market


The market is waiting for the company earnings this week. GE, Citibank are the ones which will have great effect on the market optimism.


In the weekly chart, I drew two lines : 860-870 to the upside and 775-790 to the downside.

I believe we will stick in this channel unless the good news bombard the market and shift the market to the 930's as discussed before.


Overall ,S&P is trading 843 before the European open, the bulls are the dominant for now.

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