the spx moves appear bearish.it should however meander till july without moving above 1450 to maintain bearish mode.ofcourse this should be followed by a sell off.
my current estimate is spx should drop to 1225-1200 zone and then rise to no higher than 1375.
gold may move to 1650-1700 zone and then sell off to sub 1400 levels.
my current estimate is spx should drop to 1225-1200 zone and then rise to no higher than 1375.
gold may move to 1650-1700 zone and then sell off to sub 1400 levels.
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