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Aug 15, 2014
SEB: S&P 500 stronger than expected bounce - eFXnews
FXStreet (Łódź) - The eFXnews team remark that SEB stresses the stronger than expected bounce in S&P 500.
Key quotes
"The buying continued also yesterday and we have now arrived at the high end of the 55d ma band, an area that is expected to cap further advance and instead giving way to a new round of weakness."
"So watch out for bearish signs, primarily in the 1954/57 area."
'This content has been provided under specific arrangement with eFXnews.'
Key quotes
"The buying continued also yesterday and we have now arrived at the high end of the 55d ma band, an area that is expected to cap further advance and instead giving way to a new round of weakness."
"So watch out for bearish signs, primarily in the 1954/57 area."
'This content has been provided under specific arrangement with eFXnews.'