Thursday, January 28, 2010
US Markets - Jan. 28, 2010
As expected the US Markets bounced back after digging in a little deeper. Current scenario remains intact...with a potential bounce to the 10350-10450 area...in the event the markets are unable to retrace back to those levels...the markets will rollover fairly quickly dropping down to the 9600 area. In any event in will not be long before the next leg down begins. Concurrently the EUR/USD will continue its decline through the 137.50-135 range...as the next leg down begins. Good luck and Good trading. -Dio.
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