Most of the major world markets rose on EURO strength in the wake of the announcement of a eurozone aid plan for Greece. The 16-country common currency has been the main beneficiary of the deal announced at an EU summit last week, with stocks gains more modest and Greek borrowing rates slow to show a rapid improvement.
For the indexes the hard push today with be beyond 1,170 if possible on the SPX. Upper resistance levels are close together and strong making it a hard sell for the bulls.
Leave A Reply (Be The First )
The comments are closed.
No comments yet