Apr 19

Weekend Outlook for 20th April 2015

Early next week is very important going forward – my main view is that if SPX should break 2040 to monthly lows early next week , then LIKELY a bear market has started.

However SPX remains in the same trading range , so not been doing a lot, but seems now like DAX starting to move to downside.

DAX might find buyers at MA50 and a short term rally/rebound should then come.

All in all , let the charts explain my views going forward.

 

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