RicardoCardoso
Long

EURO STOXX 50 & S&P500 behavior comparisson

FX:SPX500   S&P 500 index of US listed shares
191 1 1
I hope on this I can demonstrate better my point of view with the other analysis I posted yesterday.
More fundamentally speaking: Today Mario Draghi, ECB CEO             , is going to speak and I strongly believe that he is going to act in order to help the European economy to recovery and don't lose competitiveness. Therefore, I think we are facing another cut on the interest rate (0,25% to ...).
For the S&P             , lest wait for more macro-economic data, but I believe that this two indexes have strongly correlated behavior.
RicardoCardoso
2 years ago
This last drop could be a correction and the continuation for the Dow Theory... What do you think?
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