Business Magazine
Which Way Will It Go? Market Update, Forecast, and Outlook.
Posted on the 29 July 2013 by Souljester @souljester618
Everybody is wondering about one more short term wave up to run the stops. As noted, I am agnostic on that short term notion. As you know, I am waiting for a close below the 13 EMA on the dailies. However, here are a couple more key lines we are currently sitting at where we should either break or bounce. If they break will tip some probabilities towards the equity top is already in.
First, if we break the prior 2 week low in IWM:
Second, if we break the baseline in NZDJPY:
Peace, Om,
SoulJester