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5 Sep 2014
SEB: S&P500 unhealthy price action - eFXnews
FXStreet (Łódź) - As the eFXnews team point out the SEB sees S&P500's action as unhealthy, with another topside spike added on Thursday.
Key quotes
"Buyers encounter big difficulties to drive the trend further."
"A sustained drop under 1.9888/86 remains an elevated risk - and if so, extension towards 1, 965 should be accounted for."
"Current intraday stretches are located at 1,988 & 2,008."
'This content has been provided under specific arrangement with eFXnews.'
Key quotes
"Buyers encounter big difficulties to drive the trend further."
"A sustained drop under 1.9888/86 remains an elevated risk - and if so, extension towards 1, 965 should be accounted for."
"Current intraday stretches are located at 1,988 & 2,008."
'This content has been provided under specific arrangement with eFXnews.'