Friday, August 28, 2009

28/08/2009 Market review

S&P future is trading around 1034 at 15.40 amsterdam time. Market nervously bullish. Positive news are all around but it looks like the fundamentals are not really improving. Especially in Asia.

1050-1070 range is very big. And to the upside I see max 1200. Downside, the March lows are quite unlikely. But first 920 then 870-850 is a big possibility.

No comments:

Post a Comment