The News came just out that the new chief executive of Credit Suisse, has told cnbc it "may need" fresh capital to help address its issues. It means Credit Suisse needs more Money. www.cnbc.com More: The GDP in Switzerland contracted 0.20 percent in the first quarter of 2015 www.tradingeconomics.com
I am a firm believer stock markets are patterned in shape ( Elliot wave ) and cyclical ( Martin Armstrong works ). Because labeling waves is subject to human nature, using the Elliot wave principle to trade is tricky at best. Nevertheless, sometime when you see a pattern you just have to accept what is in front of your eyes and right now the SUI30 appears to be...