Next support is at 1.1789
If it breaks, the target is 1.0975
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EUR/USD : Next Support as of May 19, 2010
May 19, ’10 10:20 PM
S&P 500 (SPX) : A Picture Tells A Thousand Words
May 19, ’10 1:49 PM
I believe that the chart will tells a thousand words.
Clearly, we can see that SPX is now sitting right at the kumo support.
Any break below of this support, and the support at around 1110 will be a bearish move for the market.
Unless SPX can maintain bullish moves till mid June, I am biased towards the BEARS.
