Historically, September is the worst month for stocks and the S&P 500 Index could correct to 1660/1640. For now, however, the longer term prospective stays positive in the US.
Sunday, 11 August 2013
Friday, 2 August 2013
There is a divergence between the price and the RSI indicator on the weekly and daily chart. The US dollar tends to be weak in August. Over the short-term, the US dollar index could decline to 80.50 and eventually to 78.00