Thursday 18 July 2013

WIG20 futures forecast for nearest days


hello,


Polish Index recently stood out from the developed market Indexes such as the DAX and SP500. Nevertheless, I believe that the trend is not disturbed, and the next few days we should see increases in the stock market in Warsaw.

I believe that the target level as shown on the chart below the level of 2336 points and then we should see a correction and then it returns to the main trend.

On the other hand breakdown the level of 2200 points would break the trend line and in the best case scenario will test the levels of 2085. Breaking these levels is not possible.


My recommendation: 2247 long position with a stop loss at a high level in 2227


WIG20 futures, H1, 2013-07-18

that such a scenario is realized, of course, would be fitting to have help in the form of increases in the markets in the United States as well as in Germany :)

good night,
oscarjp


The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects oscarjp-chrimatistikos current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in shares, stock options and similar and assimilated products is characterised by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable.

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