Sunday, April 17, 2011

Mkt update

Hey folk

Alright, on thur we see the US indices to go up. It went up higher than the low on Wed. As this is a swing day ( for technical analysis) so you would expect on Fri the mkt to go higher.

However this do not tell you that the mkt would go higher for now, it mean momentary going higher. So let see how the US mkt is like on Monday then we can decide for the on going trend.

I do expect US mkt to move faster than Asia mkt.

Gold is the way up man.It should go up to about 1550s by the end of the year.

USD will continue to go weaker.