Friday, June 4, 2010

ChartsEdge commentary on beta bp and the stock markets

Folks, I personally will be happy to see the euro test well to the $121 $XEU level before looking for bullish reversal in that currency along with more positive stock market action (at least in the U.S., negatively correlated to the dollar/euro). As for the SPX, we already know it's playing with 1090, 1060, and its 200-day moving average. Those following Andre Gratian's commentaries already have his thoughts, and all readers can also look at Terry Laundry's morning updates for some perspective on what the markets are doing. This morning, from ChartsEdge we have the information below linking to Mike Korell's chart work and commentary - as shown at his webpage at

ChartsEdge Commentary

Posted: June 4th, 2010 | Author: Mike Korell | Filed under: One-Day Market Map | No Comments »

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