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Interwal D1 S&P 500.
The Bullish Butterfly pattern –
In this pattern the first corrective wave to ‘B’ is a deep correction, and retraces to 78.6 of X-A. In that case, the second corrective wave to ‘D’ should form at 1.272 of X-A.
Info.
http://www.h…
The realization of formation this 895 pkt. S%P 500.
Of triangle have created for two days formation.
Medium - term violated resistance.
My analysis S & P from 12.03. it begins realizing. Downward correction waits us to levels 595-620 pkt.
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Poland’s zloty
19 (Bloomberg) -- Poland’s zloty and stocks led a rally in east European markets after the government said it will support the currency and reaffirmed its commitment to adopt the euro in 2012.
Warsaw’s benchmark stock index soared the most in six weeks and the zloty jumped as much as 2.9 percent as Deputy Finance Minister Ludwik Kotecki told Gazeta Prawna the currency will strengthen in May or June as it plans to join the euro. Prime Minister Donald Tusk said today the country must protect its… Continue
Warsaw’s benchmark stock index soared the most in six weeks and the zloty jumped as much as 2.9 percent as Deputy Finance Minister Ludwik Kotecki told Gazeta Prawna the currency will strengthen in May or June as it plans to join the euro. Prime Minister Donald Tusk said today the country must protect its… Continue
Posted on February 19, 2009 at 10:21am —
Goldman Sachs Ends Bets Polish Zloty, Czech Koruna Will Drop
Goldman Sachs Group Inc. said it closed a trade betting central European currencies including the Polish zloty and the Czech koruna will depreciate further.
In one of its top trades for 2009, Goldman Sachs recommended selling the koruna and zloty against the euro on speculation currencies in Europe, the Middle East and Asia will underperform those in Latin America. Since the beginning of this year, the zloty lost 12.2 percent and the koruna fell 6.4 percent per euro. The Hungarian forint slumpe… Continue
In one of its top trades for 2009, Goldman Sachs recommended selling the koruna and zloty against the euro on speculation currencies in Europe, the Middle East and Asia will underperform those in Latin America. Since the beginning of this year, the zloty lost 12.2 percent and the koruna fell 6.4 percent per euro. The Hungarian forint slumpe… Continue
Posted on February 19, 2009 at 4:30am —
Comment Wall (1 comment)
- At 2:45pm on February 12, 2009,
karmapilot said… - So Nice!
Cool..
Good day to you Sir
M.
Denmark
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