Today is the New Moon, which often coexists with market tops. The DOW hit 13000 today (Tuesday 21 Feb).
If we see any weak links in the Greece bail out package (e.g. Dutch or Finish governments voting against the bail out) or Iran rattling their sword and spooking the Oil market above $125, then a pull back should start with a target completion by Thursday 8th March, 17 trading days from now. I'm looking for a retest of SP500 at 1300 and the FTSE at 5650
If we see any weak links in the Greece bail out package (e.g. Dutch or Finish governments voting against the bail out) or Iran rattling their sword and spooking the Oil market above $125, then a pull back should start with a target completion by Thursday 8th March, 17 trading days from now. I'm looking for a retest of SP500 at 1300 and the FTSE at 5650
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