Magnus Capital Investors Await Results Of The Meeting European
The Dow jones index yesterday closed at 12,141 weakened 198.67 because there was negative sentiment from his President of the ECB who say they don't plan to buy Bonds in European countries a large scale as expected. On the dow overnight, investors trade even rule out such positive sentiments in its release data "jobless claim" a significant decline even under the previous consensus and Data Wholesale Company in the US that adds to their inventory with expectations of increased sales.
But investors are still waiting for a couple of things to resolve the crisis in Europe from the European SUMMIT meeting yesterday, the ECB cut its interest rate plan as much as 25 basis points to 1%, the certainty of the amount of funding to maintain the liquidity of European results 17 European countries and the measures Germany and France in their banking systems to accommodate over warnings of the S & P's lowers rating of banking in Europe. Regional area index opened tend to weaken this morning and is expected to give a negative sentiment for trade BEI today.
Technical aspects, Index yesterday failed to continue strengthening and moving sideways.The indicator stochastic oscillator still move on normally and MA 5 days and 10 days is still in a bullish trend. Predicted the index would move to support mixed tend to weaken 3750 and resistant 3790.
