Saturday, June 16, 2012

Markets forecast for week June 18th 2012 ( $SPY $ES_F $NQ_F $QLD $EURUSD $6E_F $ZB_F $TLT ) :

▼ I am Bearish for next week :
Indices are still in bearish pitchfork, on a rising wedge and below a big resistance 1350 for S&P500.
Same for $EURUSD. They will try to lift it on Greek or G20 news maybe, but only to short it heavily later.
Bonds are still in an uptrend.
Some stocks did well last Friday with more than +10% like $GMXR, $DANG, $SOL... but I do not trust them. Take your profit early like I did on COTTON $BAL or GMXR.

 

 

 

No comments: