ECB move is better than expected.
Market will now open around our target of 8830-8850
For the initial 1st hour, profit booking will come and market
may give small dip of 8750-8780
You can Buy again and put stop loss below 8720 and go
long. Market can move towards 8900-8950
By the EOD, i would recommend to cover all long positions
and keep your cash intact.
Sunday, there is Greece elections and Monday, Tuesday, we
have FOMC meet. If there is no negative news and market
sustains, we can see market moving still further up.
Market will now open around our target of 8830-8850
For the initial 1st hour, profit booking will come and market
may give small dip of 8750-8780
You can Buy again and put stop loss below 8720 and go
long. Market can move towards 8900-8950
By the EOD, i would recommend to cover all long positions
and keep your cash intact.
Sunday, there is Greece elections and Monday, Tuesday, we
have FOMC meet. If there is no negative news and market
sustains, we can see market moving still further up.
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