Thursday, July 2, 2009

Support line still respected. News coming.

The support line is still in play.

However, i tend to feel that the more a support line is being tested, the more likely will it be broken.

Oil is currently down a few dollars from $70 and S & P futures is red too.

ECB minimum bid rate is out in 15 minutes time. Non-Farm Employment Change for US is due later too.

When the dust settles, we may have a new insight.





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