The forecasts to be published are generated by system based on simple technics (MAs, RSI)...entry point -means open price of current day. For today: 1510 level to be touched today GL & GT
I expect a replay of Friday, mostly sideways. Range 1488-1502. I don't think we would rally 18 points before FOMC....
Of course I was right, although my expected range was a bit wider and 3 pts higher than the real 1485-1495.5. Nevertheless it was mostly sideways action, as it is always before an FOMC Tuesday....
100 % agree with Pekelo....everybody will wait for FOMC meeting then will decide what to do. I expect 1505 to be touched today... GL
well when you expected 1510 we got to 1496 So can we assume that 1489 will be seen using the same difference off of the 1505 prediction ?