Jul 28, 2014


This is what I see at the moment.... one more push lower as expected and I think reversal has started. As long as the price stays above 1965 everything is OK... I can not imagine that the indexes will plunge before FOMC on Wednesday but we should draw the line where we are wrong:)
You can see on the chart the trend lines, resistance, Fibo levels... we will see what happens in the next two days.

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