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From the NYSE and to keeptradingblog, speaker, Pattie JABBAZ
arrived on October
and confirmed the shutdown of the U.S. government partially
the market reacted to rising
as it did throughout history in situations equally
but while the nasdaq continues to record new highs in
today
the DOW
closed below an important support area
around 15260 points
This divergence is further accentuated by analyzing the actions of Apple and Microsoft
they highlight the opportunities today
lie in emerging markets and the actions of the United States that
doing business in Asia or in Latin America
DOW technically closure below the 15,260 points
is a negative signal
unless
before closing the current week
exceeds 15280
points
analyzing the 30 stocks that make up the Dow
fifteen of them might be able
to break important support levels
why
any data put them at risk
in the report in detail tomorrow will target support levels
in each
while in the case of Apple
technically its state is completely reverse DOW JONES
because Apple
has a long-term time up from oversold levels
well as do most emerging market indices
is from this divergence
suggests we emphasize once again the importance of rotating their capitals
markets towards day Asia
and Latin America
analyzing the volatility index vix heard
which moves inversely to the U.S. market
we see that in the last two minutes of trading
Today's was placed below the 15.70 points that aim at
Monday's report
tomorrow, Wednesday, October 2nd Ben Bernanke talk
Janes with Bullard at 3 pm
if after the VIX exhibitions
remains below this level
would be likely a mini rally short term market states
united
could see a vix
moving toward 1450 and so perhaps the DOW could overcome
15 thousand 280 points
but for this rise is sustained and could be extended to medium term
the VIX should break the 13.80 points
we say that actions that are close to their levels of
support
cisco systems have to support important 23 points as JP Morgan
51.20 at points
if these actions
got to break these brackets to the October 10
could the market of the United States
lose momentum and would not be a good sign
therefore we reiterate once again
a vix below the 13.80 points to October 10
could be a foretaste of a positive resolution regarding the debt ceiling
ie could be anticipated
October 17 that the United States could face trouble
its payment obligations
for the time being
maintain our suggestion Argentina shares
especially energy pampa, Petrobras Argentina, YPF, and investment irsa
where every floor is an opportunity
purchase
while in the United States
Apple shares only suggest where all too low a chance
purchase since all these cases
have their long term momentums
moving from high oversold as
reverse
the market of the United States
about gold
not rule to remain highly volatile
and the possibility of re-test the area near
to 1200.52 points
as the medium-term time that supported the actions related to this
metal
slowed their advance last week
obviously depend on whether the U.S. dollar index
holds or not the area around the point 79.40
an increase of U.S. dollar index
about 81 points
could motivate a further decline in gold
where for now
has important support around 1252 points
obviously the result of this equation will be linked to the roof of the
debt
but we may have an advance toward closing next week
remember
once more
that tomorrow, Wednesday, October 2 at 3 pm
exhibited
together
Ben Bernanke
and James Bullard
see whether or not there say
they affect the shutdown in relation to tapering
keep you informed
Pattie keeptradingblog greets for JABBAZ