Why are most of you totally betting at a bearisch movement?
For me it is totally clear that we get a (big) move upside this week. The warnings from S&P has resulted in an nice bearish movement, what gave us the chance to take low entries.
This week is one of the last chances for the European governments to solve the Europe crisis and in my opinion they only way will be that they will publish a positive outcome this days (maybe it is just for the form, but they will be optimistic). The warnings from S&P are given at the right moment too, because now the European leaders can take the right measures against the problems.
My first targets are 3485, 3510 and 3550. Later we can go for 3610, 3660, 3720, 3770 and big target 1.3870.
After this we can go lower when the problems will be back.
For me it is totally clear that we get a (big) move upside this week. The warnings from S&P has resulted in an nice bearish movement, what gave us the chance to take low entries.
This week is one of the last chances for the European governments to solve the Europe crisis and in my opinion they only way will be that they will publish a positive outcome this days (maybe it is just for the form, but they will be optimistic). The warnings from S&P are given at the right moment too, because now the European leaders can take the right measures against the problems.
My first targets are 3485, 3510 and 3550. Later we can go for 3610, 3660, 3720, 3770 and big target 1.3870.
After this we can go lower when the problems will be back.