P
postman
Reporting week in Asia.
ICBC(worlds biggest bank on assets) and Samsung on Tuesday.
No big bad headlines over the weekend, so looking for a climb higher in Asia.
Nikkei doesnt look good and China is 'letting its currency fall', not much good news going to come from the East.
Nikkei daily, 20 and 50 day moving average below the 200 day. Its been falling for 4 months. I could go on, but lets just say I think downward momentum will increase.
Just my view. :|