20090414

The WIG Index gain +0.19%:



Another higher high and new weekly buy signal has been generated.

The WIG Index is near the important level of 29000, where the primary trend can be acknowledged as reversed (preferably after rebounce and strong confirmation):



S&P500 analysis from Fibonacci Queen (here) and Brian's daily video (here).
Both videos are suggesting to be defensive now.

The Baltic Dry Index seems to be recovering (here).

And some encouraging words from Ben Bernanke (here).

Sources:
[http://www.marketwatch.com/news/story/Decline-could-slowing-Bernanke-says/story.aspx?guid={0C3D6921-B2F3-4D0B-8EE8-4F8B3078D26D}]
[http://www.thedisciplinedinvestor.com/blog/2009/04/13/baltic-dry-index-moving/]