Signs that the market is ready to bounce!

The Dow is at the bottom of the sideways trading range and that means that the bulls could step in. What are the signs? Where are the set ups IF the market bounces? THe risk environment may be ready for a shift from the pessimism that has ruled since the May 3 slide. Here’s a video update.

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  1. Mohin

     The U.S. dollar advanced to a four-month high against the Swiss franc on Wednesday as fears over the risk of a Greek exit from the euro zone dominated market sentiment and supported safe haven demand for the dollar.

    USD/CHF hit 0.9471 during Europe morning trade, the pair’s highest since January 18; the pair subsequently consolidated at 0.9455, rising 0.21%.So what will happen?Does EuroZone overcome their problem or not?IF they overcome we will see a bounce.


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