Weekly Market Analysis : European Sovereign Crisis
June 7th, 2010
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Ok … starting this week, I’ll start writing regularly on weekly analysis of the currency market, stock and other financial markets every week. As we can see together the last week was a horrible week for financial market. A pesimism dominates the market, while traders play some hit and run trading as mounting worries about the euro region’s debt problems. A strong rebound always followed by massive sell one day after that. Its happen both on stocks market arround the world and euro currency. This is usually not a good sign for economy…
Still same like what i mentioned last week in my post, S&P 500 index will test two major support (you can see on the chart below). But the price already on the first support line. Read more…
