hehe
Short

$SPX - Monte dei Paschi di Siena

FX:SPX500   S&P 500 index of US listed shares
spx
... it will be a very interesting week: #FED, #BOJ & #EBA. The #EBA announced that detailed individual results for the banks participating in the 2016 EU-wide stress test, will be published on Friday 29 July 2016 at 22:00 CET. I expect that the report confirms that Italian banks are bankrupt - and it will be the end of the oldest bank in Europe / Monte dei Paschi diSiena/.



http://english.mps.it/Pages/index.aspx
http://www.eba.europa.eu/risk-analysis-and-data/eu-wide-stress-testing/2016
Trade closed manually
from wher it can go.............
+1 Reply
Ola Amigo ! Hope you had nice holidays ... mine starts next Tuesday ( 02/08 ) ;))
I can agree that this push UP is some kind of Bull TRAP as obviously EU look like a crap ... But is this wave 3 ? or just some exhaustion correction above previous Highs ? ... we shall see
snapshot

Regards
+2 Reply
martinex martinex
just adding the same chart with marked divergences on the Daily indicators ...
snapshot
+1 Reply
hehe martinex
Hi Marti, ... holidays - silence, peace, and no one was shooting & I wish you of the same.
We have minimum /according to the #EWP/ for an impulse from the 2009. It will be very unusual autumn.
Reply
The END is closer and closer ... http://finance.yahoo.com/news/unicredit-said-mull-5-5-183403904.html
Who will be the "first" then ... ?
5 more days and ... I'm off ;)
Reply
Looking at past action and days involving roll over and correction I tend to agree. Most of the time roll over is gradual than a larger drop. Only a few times have we spiked up and dropped but it is not that common. My belief is we have just a bit more breath left in the bull but not for very long.
+1 Reply
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