Things are still not looking better for the US economy. Again disappointing jobs numbers. The 200 MA is still a tough nut to crack. We are back below 200 SMA again. Selling volumes are higher so expect more downside? We should reach a support soon at 10000 points. But there's a silver lining. Look at the baltic dry index.
Saturday, August 21, 2010
Still not looking better
Things are still not looking better for the US economy. Again disappointing jobs numbers. The 200 MA is still a tough nut to crack. We are back below 200 SMA again. Selling volumes are higher so expect more downside? We should reach a support soon at 10000 points. But there's a silver lining. Look at the baltic dry index.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment