MIB Forecast July 30, 2014, Technical Analysis » Fx Empire Network
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The MIB as you can see went back and forth during the session on Tuesday, ultimately hanging about the 21,000 level. We think that this market is continuing to go higher eventually, and as a result break above the highs for the Tuesday session would in fact have us buying as well. We believe that this market will ultimately head towards the 22,000 level, but pullbacks along the way should offer plenty of buying opportunities for short-term traders as well. We’ll have a real interest in selling this market right now, and therefore feel that this is a “long only” situation.
MIB Forecast July 30, 2014, Technical Analysis
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MIB Forecast July 30, 2014, Technical Analysis » Fx Empire Network
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