30/08/2013

SP500 closed at 637, above 634 and next target is still 655. The DOW and FTSE will follow SP500 and try the upside today again I think. Syria is still in main focus and the latest is that UK will not take part but US seems ready to do it by itself and a strike can come anytime. Obama has the last word and it is not clear if he will say go, or put it off. The market in Asia got very small movements and the 2 hr trends are up but slow. It is very important where tonight's close will come because it is not only weekly close but monthly as well. A close in current area does not look good for next week. Anything can happen today and right now it is difficult to give any prediction. 10 year notes fell back to its lows again late yesterday and is now sideways at the bottom. Nervous, slow trading with low volume might continue or a strong rally later today.


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