I have no clue about today. I also have mixed feelings about the “promises” made yesterday, heard that before. And seriously, what can ECB do to fix the underlying problems? Sure they can ease the pain for the moment but it is up to the countries (…and politicians…) to turn the ship around. And it is not easy, especially budgets based on growing GDP is something we should forget if you ask me.
SPX, expected range today: 1370 – 1350.
SPX 4H CHART
Below I’ll post some charts, no comments needed I guess..?
DAX 1D CHART
SPX 1D CHART, ~1340 now important support
VIX 1D CHART, touched upper BB but still above 17
