Thursday, January 19, 2012

A look accross the Atlantic

To detach ourselves a little bit from the carbon market, let's have a look accorss the Atlantic on US stock market, in a broader perspective.

Since November the index is in a strong trend. In the middle of December it was well supported @ 1,208 points. Furthermore, in the beginning of January the index broke above 1,270 points establishing new high since beginning of December and was further supported at 1,285 - 1,290.

The index broke now a psychological barrier of 1,300 points and is now at critical turning point. Judging from an even wider picture, it may target 1,350 points.

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