I commence with my gratitude to The Ultimate Knower
US stock markets (so are world’s other stock markets) are approaching resistance, levels, as indicated in my previous posts, at a thin volume. I am either in cash or scaling in shorts till the end of the day, with stop at just above the 06/22 highs. Actually, the Standard & Poor’s 500 Index has risen to its 4th test of “now very important” resistance — the April low of 1,294 (or the 06/22 high of $1,299) — and the markets reaction to this area should set the very near future market trend.
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
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