While the Dow Jones Industrial Average and the S&P Index makes historical price rally to top-off the year with a considerable build-up of bull sentiments for the US economic recovery reflective of the US Dollar price recovery better than expected positive reports with the Fed pulling back a not too significant taper amount for the start.
Being in the market sideline has indeed have its advantages, as a clearer picture had just unfolded with a simple rational explanation leading to a colorful price reversal at the start of the 1st week of trading activities in 2014. With the four major market indicators stated above,
- the EURO reaching its high price objective @1.3893 on 12.27; Cable's 1st high on the same day of the last trading week of December @1.6576, with a 2nd retest @1.6603 dated 01.02; were vital for the market.
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