Thursday, March 4, 2010

Euro: A matter of concern.

 

As you can see, Euro tried for a breakout and as of now, it looks to be failed (see circled area). In candlestick pattern theory, this is a Bearish Evening Star Pattern which has a strong reliability. The implications, we have to see by tomorrow. I am afraid, For DOW, this could be a bad day, unless some Data Release reverses the whole complexion.

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES