The ECB is opening the checkbook to protect their bond purchases in Greece and all is well again. With Bonds , the Russell index and SPY showing reversal signals the down move is probably over.

The pattern in the Russell for example indicates that if today’s lows hold, then there will be new highs by the end of the month. This would disappoint many sell in May and go away slogan lovers .

Ron Jaenisch, lives in the USA and his email address is RonJaenisch@gmail.com.

His website is www.Andrewscourse.com where the updated Advanced Andrews Course (with manuals and videos) can be ordered as well as a leather bound copy of the hidden cache Andrews techniques.

© 2012 Copyright RCS - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors

Only logged in users are allowed to post comments. Register/ Log in

The Market Oracle is a FREE Financial Markets Forecasting & Analysis web-site.
(c) 2005-2024 MarketOracle.co.uk (Market Oracle Ltd) - Market Oracle Ltd asserts copyright on all articles authored by our editorial team and all comments posted. Any and all information provided within the web-site, is for general information purposes only and Market Oracle Ltd do not warrant the accuracy, timeliness or suitability of any information provided on this site. nor is or shall be deemed to constitute, financial or any other advice or recommendation by us. and are also not meant to be investment advice or solicitation or recommendation to establish market positions. We do not give investment advice and our comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to enter into a market position either stock, option, futures contract, bonds, commodity or any other financial instrument at any time. We recommend that independent professional advice is obtained before you make any investment or trading decisions. By using this site you agree to this sites Terms of Use. From time to time we promote or endorse certain products / services that we believe are worthy of your time and attention. In return for that endorsement and only in the cases where you purchase directly though us may we be compensated by the producers of those products.