Thursday, May 14, 2009

15/05/2009 Pre Market

8.35 am Amsterdam

S&P future is trading around 892. Today, the market will try going up, but I believe the move will be limited. It looks like the market will break 870-880s in the coming days/weeks, and we will see 850-830-800 levels again.

Let me say it like this: I think breaking to the downside is much more probable than breaking the 930-940 resistance levels.

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