• WSE: After start on Wall Street

Market news

13 June 2016

WSE: After start on Wall Street

Thursday's session on Wall Street was a warning that being close by the S&P500 to the all time record level causes market uncertainty. Friday brought no response, but the market reaction indicates that the majority does not share the belief in the possibility of overcome the 2,134 points. Today and tomorrow we should, however, expect some form of sedation that will be associated with the anticipation of the Wednesday's FOMC statement.

Poor posture of European markets, decline on Wall Street and the weakening of the zloty, it is not a blend, on which investors may build growth, but the daily chart of the WIG20 constantly indicates that at current levels we may see the balance between supply and demand. Technical context favors bulls. Support being in the region of 1,750 points could provoke market to rebound.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.