Long term target should be 3700.0. Bull flagging. ECB is helping us.
Comments
LEONES
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Eurostoxx has reached my target - take profits 25Feb15
A-shot
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Hm, isnt it half way to it?
LEONES
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yes but i'm out now, pullback likely
A-shot
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Why?
LEONES
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overbought? look at the other indexes today, moving lower
A-shot
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I know my reasons, but would be great to get other people's opinions :)
LEONES
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what is your point of view? I just think is going to retrace some of the week gains at this point
A-shot
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Since this week started selling parts of my US and some equities indeed. Stocks not yet, but italy and spain made me 5% both in a week. With this USD is bending over, and so does EUR, so i am now getting more cautious. I still need a reason to be a bear, so until then im notcompletely out, but some profits taken. Looking at Brazil, korea, Turkey now
LEONES
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looking at Brasil, Korea, Turkey, what in particular?
A-shot
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Trade funds and etfs on them, but the country indexes are looking ok to me. On the verge