2009/04/27

20090427

Posted in WSE: WIG AT tagged , , at 19:36 by kisiel2

The WIG Index fell -1.11%:

wig_20090427

The general situation is still not clear. Contrary signs from oscillators and descending volume don’t clarify the picture either. In those situation is the best to just wait for market action.
Also, note the potential (only potential as so far) inverse-head-and-shoulders pattern with neckline ca.29000 and left shoulder height ca.26700.

Interesting view on US debt allocation (here).

Some articles about US housing market (here and here).

Sources:
[http://seekingalpha.com/article/132960-more-cold-water-for-u-s-housing-market]
[http://seekingalpha.com/article/133152-mixed-housing-report]
[http://www.thedisciplinedinvestor.com/blog/2009/04/24/foreign-holders-of-us-treasury-debt/]
[http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:head_and_shoulders_b]
[http://www.investopedia.com/terms/i/inverseheadandshoulders.asp]