The WIG Index fell -0.90%:
The Fibo 168% acted as a resistance. CCI seems to confirm the south direction and RSI is neutral as of now.
We might also want to open positions on this downward swing, but remember about proper money management and stop-loss orders.
We have to see how deep this correction will be (if any). Not much else can be said right now.
There is quite interesting analysis of year US market returns (here).
Toxic debts could total to ca.4 trillion USD (here).
The DJIA video analysis from Fibonacci Queen (here).
Sources:
[http://seekingalpha.com/article/129884-u-s-market-returns-by-year]
[http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6047929.ece]
20090415
15 years ago
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