Over the last week, the market presents extreme volatility which contributed plenty of opportunities as well as plenty of risk for all traders. The CBOE volality index was up 12% to 36.8, and VIX was up over 82% since Monday.
The P.I.G.S. related financial turmoil results in Euro FACING ITS WORST Crisis since its inception. FTSE and all Europe indices are in the RED seas in severe depth.
US has its own problems with slow recovery and high sustained unemployment rate, with the S & P index drifted near its psychological support level @1100, (now at 1111), all indicators are pointing south, suggesting a halt in uptrend and may reverse soon to its ugly bearish zone.
In this trying time, open your eyes, use your experiences to trade with both Forex and Stock indices can find you the First drum of gold or getting your first million in your trading .
No comments:
Post a Comment