Tuesday, May 26, 2009

27/05/2009 pre market

08.30 am Amsterdam

The bulls won the game yesterday big time, rallying the market 4 percent from the lows with the help of way better than expected consumer confidence.

The home sales figures, jobless claims and GDP will shape the direction. I am, as I mentioned yesterday, neutral now. (875)880-930(940) range is working fine lately. The figures/news should be really bad/good to break these levels.

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