Wednesday, December 22, 2010

Market view

Well not much to say - markets is still in the making of forming a top I believe ( these moves up with VERY low volume is pure manipulation by the HFT computers) - it wont last and when we get a bit more volume we could go down big in 1 day. I actually think today the markets should begin its decline for the rest of week and we could probably see 1220 by end of week. So watch out - topping process and the markets will most likely see 1150-1180 in next 2 weeks or so.

The charts the same - topping process, so not much to add. Enjoy holidays

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