Thursday, April 30, 2009

30/04/2009 intraday

14.50 Amsterdam

S&P future is trading around 880, after seeing as high as 887.
Well, if it happens, closing above 880s will be the first confirmation for the break through.

As I have mentioned many times before, market looks like heading to be unchanged for the year. The bulls have shown real strength lately.

Just dont forget, breaking a key level is strongly confirmed only if the market closes 2-3 percent above it, which is not the case yet(wait for 890).

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