TeleTrade - Analytics

    TeleTrade

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    13.06.2016 13:58 WSE: After start on Wall Street

    13.06.2016 13:58

     

    Thursday's session on Wall Street was a warning that being close by the S&P500 to the all time record level causes market uncertainty. Friday brought no response, but the market reaction indicates that the majority does not share the belief in the possibility of overcome the 2,134 points. Today and tomorrow we should, however, expect some form of sedation that will be associated with the anticipation of the Wednesday's FOMC statement.

     

     

    Poor posture of European markets, decline on Wall Street and the weakening of the zloty, it is not a blend, on which investors may build growth, but the daily chart of the WIG20 constantly indicates that at current levels we may see the balance between supply and demand. Technical context favors bulls. Support being in the region of 1,750 points could provoke market to rebound.


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