Market timing model for Global Equities

techite

Junior member
Aug 26, 2015
19
1
#1
In this thread, I will share my views on Global Equity Indices such as:
-S&P500
-FTSE
-CAC
-DAX
I make use of a proprietary market timing model to make these predictions.
Today's view:
Banking and finance-related stocks look positive for Monday. A decline is possible on Tuesday.
Overall, the week looks positive initially followed by profit booking at certain levels. The profit booking may extend to downside correction wherein the American Index S&P500 can experience pressure down to 2640.
The next week is going to be short owing to X-MAS holidays and hence, trend may turn sluggish.

Technical levels for S&P500 March Future - Support: 2652 Resistance: 2690-2700
 
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