WAIT FOR THE CONFIRMATION!

We have been asked specially yesterday what we are Doing now in such a falling market, when the market falls like a stone.

Like this - yesterday and tonight closures:

• DOW -0,46%
• SP500 -0,53%
• Nasdaq -0,46%
• Nikkei -2,98%
• DAX -1,29%

Our answer is simple, still wait and keep your patience and wait for the confirmation of breakout on the long side – as we told this Monday. Until the resistance of 3,900 at Nasdaq is not taken, don’t buy or sell, don’t jump in and out, just wait for a conformation on the daily chart and enjoy the bargain price next week and the summer, beaches and girls.

The BFM Assets Team.