Sunday, July 18, 2010

Next week's forecast-July 19




Accordingly, next week will be the most bearish week of July. Let' s watch it and see if it will happen this year.

My take for next week will be a continuous down trend with more selling off. It may last 1-2 weeks, which is a good chance to close short position and start to look for long positions as well. I have to close watch the Monday's market.

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