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EUROPEAN STOCK MARKETS POISED TO BEGIN A NEW LEG UPWARDS

(Last Updated On: April 30, 2012)

EUROPEAN STOCK MARKETS POISED TO BEGIN A NEW LEG UPWARDS

In Europe friday was a outside day completing a bullish engulfing pattern on the weekly chart, all of that at a cyclical low time window – this means european stock markets will soon begin a new leg upwards exceeding the recent highs with a 83 % probability

 

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Agree. Only lets see both french & greek elections early May, their outcome and market reaction. If nothing serious arise, then things can calm down. On Friday, the inverse correlation between rating downgrade of Spain and IBEX reaction is a hope.

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

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