14th June - The resilience of S&P
14 June 2012
TECHNICALS:
S&P WEEKLY CONTINUATION CHART
The solidity of the S&P’s supports is plain for all to see.
The two-fold structure of the horizontal at 1288 and the Fibonacci at exactly the same level is impressive.
BUND WEEKLY CONTINUATION CHART
The evidence for the bulls is mounting up:
an island reversal,
and, possibly, the beginnings of a H&S reversal….
Bulls will be watching the price action as we move into the weekend… cautious buyers will wait for a break through the band 1346-8
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21st Jun - Cocoa Reluctant to Recover off Long Term 76.4% ![]()
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14th Jun - Copper Holds Above Key Levels For Now ![]()

