About meEarlier derivatives sales, then journalism. I blog on current market drivers. I saw the ERM crisis in nineties and know not to trust the talking heads.
Horizontal trading range could turn out to be
a head & shoulders, or a double top.
In the past couple of days the index has reached
the level of the left shoulder, at 9400, and could
turn down from here.
800-point target from the range's bottom projects
a target around 8100 in the index.
The monthly chart shows the 2000- and 2007-market tops
were both...
