" Its been a quiet session for the start of the week as the figures last Friday would again be anticipated to be bearish for the USD in the near term contrary to the major uptrend that it is. And when fundamentals warrants a probable decline we would not be surprise to see a resumption of the decline. Overall market sentiments are still bearish for stocks and oil prices as reflected in today's price movements."
These levels on the DOW @16800 - 17000; S&P500 @1950 -2000 JPN225 @18080 - 18400 are the key prices that would make any difference in market outlook. The attempts were made from the upsurge but not as convincing as we have mentioned that the resumption we're seeing now is definitely not a surprise for the market to do. As USOIL have resumed its decline as indicated in the chart below.
These levels on the DOW @16800 - 17000; S&P500 @1950 -2000 JPN225 @18080 - 18400 are the key prices that would make any difference in market outlook. The attempts were made from the upsurge but not as convincing as we have mentioned that the resumption we're seeing now is definitely not a surprise for the market to do. As USOIL have resumed its decline as indicated in the chart below.
LINK USOIL
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