- Nasdaq +1.75%
- SP500 +1.19%
- DJIA +1.12%
Technically it seems inevitable to hit new high at 2.015 on SP500 again shortly, within a week.
The BFM Assets Team.
Wednesday 29 October 2014
BEARS AND SIDELINERS... WHAT DO YOU SAY NOW?
US benchmarks have seen a severe drop and then a big rebound in September and October. The S&P 500 fell roughly 10% from its mid-September peak to its mid-October low, but then the benchmark jumped 4.1% last week for its biggest weekly gain since January 2013. All US indices turned in a nice V-shaped recovery. The Dow closed again above 17,000 key resistance level on Tuesday. Yesterday continued the optimism and traders bid up prices.
Technically it seems inevitable to hit new high at 2.015 on SP500 again shortly, within a week.
The BFM Assets Team.
Technically it seems inevitable to hit new high at 2.015 on SP500 again shortly, within a week.
The BFM Assets Team.
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