Tuesday, June 30, 2009

01/07/2009 Pre Market

08.32am Amsterdam

S&P future is trading around 916. It was sold heavily yesterday due to lower than expected consumer confidence in June. I think the market had its chance to go up further and failed at 928-929 resistance. In the coming days , I think the market will retest 890, 880 levels.

The supports around 909 and 900 might save the situation.
Yesterday the market bounced from 913.

No comments:

Post a Comment