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15 avril 2010 [DAILY MARKETS UPDATE]

Daily Markets Update

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15 avril 2010 [DAILY MARKETS UPDATE]

Fundamental Outlook:

Strong retail sales boosts risk appetite!

Trading on Wednesday saw the release of the US Consumer Price Index and Retail Sales report. The reports and the subsequent price action
indicated that the risk trade is back on. The reasoning behind this is that a benign CPI indicates that inflation pressures are subdued and US
Retail Sales show that demand and consumer spending is accelerating at a rate of 1.6% per month. The combination of strong growth and
demand with subdued inflation pressures and the current positive start of Q1 earnings will most probably see the USD inversely correlated to
the equity markets in the near term. Equities closed above 1% yesterday and the USD fell across the board, EURUSD traded from 1.3594 -
1.3676 Oil traded from 84.00 - 86.33.
In Europe we had excellent manufacturing reports been released indicating that industrial production grew at a pace of 4.1% year on year
however the price action that followed immediately showed that the market was still focusing on the risk that an EU member state blocks the
Greek aid package. Moody's also said yesterday that Greece still risks been downgraded during the next 12-18 months however the risk of
default has subsided. As the markets shoved aside those fears coupled with positive earnings reports the EURUSD rallied back to 1.3676
making new daily highs.
Today the market turns its focus to US Jobless claims and will use the report to gauge the current trend in job creation. Initial claims are
expected to print a 440K weekly figure and the jobless continuous claims are expected to print 4.54 mln. We also have the NY Fed
Manufacturing index, the Philly Fed and the NAHB Housing Market Index all expected to indicate stronger than prior month's readings.

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15 avril 2010 [DAILY MARKETS UPDATE]

EURUSD

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15 avril 2010 [DAILY MARKETS UPDATE]

The Technical out look for the EUR/USD Thursday, April the 15th, 2010, level 1.3613

The intraday bias is still bullish but in consolidation on sideway trading. As predicted, has tried to feel the Gap on the chart and reached as low
as 1.3546. Technically a gap pattern formed near a bottom is a very bullish sign and this rally was also announced by bullish divergences on
RSI and Stochastic indicators and a double bottom pattern (B1, B2). Today, the market may continue the consolidation, in side way trading or
may fall and get support near the long trend indicator, light green line on the chart, now at 1.3569 or may continue to feel the gap and fall to
1.3546 minor support again or to 1.3516 the 50% Fibonacci retracement from 1.3342 to 1.3692. But as far as 1.3490 is intact the continuation
of the rally is in favor, a break of 1.3490 minor suppot is needed to indicate that rise from 1.3282 is completed
On the upside we need to pass through 1.3692 high first to reach 1.3705 Fibonacci resistances next on a way for 1.3815. A break of this last
level will target 1.3983 the 38.2% retracement of 1.5143 to 1.3266 at 1.3983, which is close to 1.4 psychological levels, and bring down trend
resumption. Remember however that the market is in an established bearish mode, so stalk this current rally as a correction.
Furthermore in an Elliott Wave point of view, in the bigger picture, the EUR/USD's fall from 1.5143 has completed the five wave impulsive
sequence already (1.4217, 1.4578, 1.3443, 1.3817, 1.3266) As said on my Weekly report we got bullish convergence conditions in daily chart,
on all oscillators now. Some lengthier consolidation would now be seen with risk of stronger rebound. Nevertheless, we'd expect upside to be
limited by 1.4217 cluster resistance (50% retracement of 1.5143 to 1.3266 at 1.4205) or by the Fibonacci retracement at 1.3983 and bring fall
resumption. The overall bearish outlook remains unchanged. Technically the EURO IS IN A BEAR TREND as far that 1.4217 is not broken up

In the long term picture, long term up trend from 2000 low of 0.8223 has made an important top at 1.6039 in 2008. Subsequent price actions
are so far viewed as a correction only, in form of three waves. First wave has completed at 1.2329 while secondly should have completed at
1.5143. Fall from 1.5143, as the third wave of correction, is in progress and should extend to 1.1639 supports, and possibly further to 100%
projection of 1.6039 to 1.2329 from 1.5143. Nevertheless, we'd expect strong support from 61.8% retracement of 0.8223 to 1.6039 at 1.1209
to conclude the correction and bring another long term up trend.

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15 avril 2010 [DAILY MARKETS UPDATE]

USD/CHF:

5 Daily Markets Update| SFM Finanz , S. Optyker, C. Guizelli +41.21.566.16.22 Mob: +41.79.202.19.58 & +41 79.673.64.61
15 avril 2010 [DAILY MARKETS UPDATE]

The technical outlook for USD/CHF Thursday, April the 15th, 2010, level 1.0547

No real change, with the clear fall through the 1.0583 resistance and the gap on the daily chart has validated our second scenario on the
weekly report:
For memory: I don’t like the fact that we have pass through the 1.0750 cluster point and close below. Secondly, the USD/CHF had tested
the upper band of the long descending channel from 1.2296 now at 1.0783 and had been rejected by this resistance and doesn’t pass
trough. Third, the wave structure: the move from 1.0506 to 1.0750 (A) and from 1.0750 to 1.0435 (B) is perhaps a flat correction (3-3-
5) and the current move down from 1.0785 is the beginning of the C wave of the correction from 1.0897. If the market passes through
1.0621 and 1.0582 then USD/CHF will target 1.0547 support and would revive our bearishness for retest of 1.0506 minor support first
and a break of 1.0434 will turn outlook mixed.
Yesterday and today the USD/CHF tested again the 1.0506 level and hold, perhaps we are on the way for a retest of the 1.0434 level but we
must clear first 10502. On a break of 1.0434 the USD/CHF may fall to 1.0319. On the up side the USD/CHF may continue to feel the gap but may
be limited 1.0615 resistance first and 1.0654 secondly, the lower band of the ascending channel, the green line on the chart, a break of 1.0676
minor resistance is needed to indicate that the fall from 1.0786 is completed
Furthermore in an Elliott wave point of view, the bigger picture, we still favor the first scenario, while the pull back from 1.0897 was deeper
than expected, the three waves corrective structure reaffirmed the view that rise from 0.9916 is still in progress. Break of 1.0897 will confirm
this case and also have USD/CHF sustain above the upper band and of the long descending channel from 1.2296 now at 1.0770, green line on
the chart. This will in turn affirm the case that correction from 1.2296 has completed with three waves down to 0.9916 and will pave the wave
for another high above 1.2296. On the downside, though, break of 1.0434 will invalidate this view and turn outlook mixed.

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15 avril 2010 [DAILY MARKETS UPDATE]

EUR/CHF:

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15 avril 2010 [DAILY MARKETS UPDATE]

The technical outlook for EUR/CHF Thursday, April the 15th, 2010, level 1.4354

EUR/CHF drops to as low as 1.4327 so far and at this point, intraday bias remains mildly on the downside for further decline. However, we're
slightly favoring the case that correction from 1.4143 has completed with three waves up to 1.4466 already near of the 38.2% Fibonacci
retracement from 1.4143 to 1.4846 at 1.4461. We expect down trend to resume sooner or later and below 1.4310 minor support will confirm
the downside for retesting 1.4143 low first. Break of 1.4143 will target 1.4 psychological level first and target 1.3869 next. On the upside: we
still expect the 38.2% Fibonacci retracement from 1.4143 to 1.4846 at 1.4461 or the strong resistance near 1.4557 to limit upside.
Furthermore in an Elliott wave point of view, the long term picture, the current decline in EUR/CHF should be resuming larger term down
trend from 1.6827. Sustained trading below 1.4135 (2008 low) has confirm this case and we are heading to the61.8% projection of 1.6368 to
1.4315 from 1.5138 at 1.3869. On the upside, break of 1.4557spike resistance is needed to be first signal of bottoming. Otherwise, outlook will
remain bearish.

In the long term picture, fall from 1.6827 should be resuming whole down trend from 1993 high of 1.8234. We'd expect such down trend to
extend towards 100% projection of 1.8234 to 1.4391 from 1.6827 at 1.2984 in the longer run.

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15 avril 2010 [DAILY MARKETS UPDATE]

GBP/USD:

9 Daily Markets Update| SFM Finanz , S. Optyker, C. Guizelli +41.21.566.16.22 Mob: +41.79.202.19.58 & +41 79.673.64.61
15 avril 2010 [DAILY MARKETS UPDATE]

The technical outlook for GBP/USD Thursday, April the 15th, 2010, level 1.5478

The GBP/USD's rebound from 1.4798 is still in place and today with a little regain of momentum for the up side. Today, the minor resistance at
1.5485 had been clear, but we are trading below this level now, and intraday bias is turned mildly bullish. However, the rise from 1.4798 is
still in favor to continue as long as 1.5151 support hold and we continue to expect upside to be limited by 50.0% retracement of 1.6456 to
1.4780 at 1.5616 to conclude the rise from 1.4797 as well as the three wave consolidation from 1.4780 and bring down trend resumption.
Below 1.5151 minor support will flip intraday bias back to the downside for retesting 1.5042 minor support first and will target 1.4783 low. A
break o this last level will confirm that whole decline from 1.6456 has resumed for 1.4364/37 (200% projection of 1.6875 to 1.5829 from
1.6456 at 1.4364 or 61.8% projection from 1.6456 to 1.4783 from 1.5381 at 1.4337and 76.4% retracement from 1.3500 to 1.6875 at 1.4337).
On the upside, note that decisive break of 1.5485 Fibonacci level will suggest that stronger rebound is underway for 1.5616 first and for 1.5815
cluster resistance next.

Furthermore in an Elliott wave point of view, the bigger picture, there is no change, we're holding on the bearish view that medium term
rebound from 1.3503, which is treated as a correction to down trend from 2.1161, has completed at 1.7043 already. Fall from there is
tentatively treated as resumption of the down trend from 2.1161 and should target a new low below 1.3503. On the upside, break of 1.5815
resistance is needed to invalidate this view. Otherwise, outlook will remain bearish. In the longer term picture, the corrective nature of the
multi-decade advance from 1.0463 (1985 low) to 2.1161 as well as the impulsive nature of the fall from there suggests that GBP/USD is now in
an early stage of a long term down trend. Rebound from 1.3503 should have completed and the whole fall from 2.1161 is likely resuming for
61.8% projection (2.1161 to 1.3503 from 1.7043) at 1.2310 next.

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15 avril 2010 [DAILY MARKETS UPDATE]

AUD/USD

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15 avril 2010 [DAILY MARKETS UPDATE]

The technical outlook for AUD/USD Thursday, April the 15th, level 0.9338

The AUD/USD's retreat from 0.9380 seems to be over. The clear of 0.9300 resistance have flip intraday bias back to the upside for retesting
0.9404 high and we got also a potential target at 0.9414 the 123.6% projection from 0.8577 to .09071 from 0.8800. But we need to break first
the lower band of the ascending channel, green line on the chart, now at 0.9357 to confirm this view. However, note that break of 0.9124
support will argue that rise from 0.8577 might have completed and will turn focus back to 0.9000 support instead.

Furthermore in an Elliott wave point of view, the bigger picture: The AUD/USD is still trading well inside medium term rising channel, green
line on the chart, now at 0.9298 and rise from 0.6008 should still be in progress. The break of 0.9327 resistance affirms the view that rise from
0.8577 is resuming such rally and break of 0.9404/14 will confirm. If we treat the rise from 0.8577 as the fifth wave in the rise from 0.6008
with equal length as the first wave from 0.6008 to 0.7267, upside target will be 0.9836, which is close to 2008 high of 0.9849. On the downside,
break of 0.9000 support will, however, suggests that AUD/USD's rally might have completed prematurely and would turn focus back to 0.8802
support instead.

In the longer term picture, long term correction from 0.9849 has likely completed at 0.6008 already, after being supported slightly above
76.4% retracement of 0.4773 (01 low) to 0.9849 (08 high). Rise from 0.6008 is possibly developing into a new uptrend which will extend the
long term rise from 0.4773. We'll continue to favor the long term bullish case as long as 0.7702 cluster support holds and expect an eventual
break of 0.9849 high. However, a break of 0.7702 support will firstly argue that whole rise from 0.6008 has completed. Secondly this will open
up the case that AUD/USD is in phase of a long term consolidation and will gyrate in the large range of 0.6008/0.9849 for some time.

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15 avril 2010 [DAILY MARKETS UPDATE]

USD/JPY

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15 avril 2010 [DAILY MARKETS UPDATE]

The technical outlook for USD/JPY Thursday, April the 15th, 2010, level 93.13
Intraday bias in USD/JPY is turned neutral for the moment we are in a side way consolidation. Nevertheless, note that correction from 94.68
could still extend further as long as 93.77 minor resistance holds and below 92.57 will target 61.8% retracement of 89.83 to 94.68 at 91.68 to
complete the correction. On the upside, break of 93.77 resistance will indicate that fall from 94.68 is completed and will then flip intraday bias
back to the upside for retesting this high. A firm break there will confirm rally resumption towards 100% projection of 84.81 to 93.74 from
88.13 at 97.06 next.

Furthermore in an Elliott wave point of view, in the bigger picture, the break of 93.78 high affirms the bullish case and that whole down trend
from 124.13 has completed at 84.81 already. Stronger rally should now be seen to 101.43/65 medium term resistance zone for confirmation.
On the downside, break of 88.13 support is needed to indicate that rebound from 84.81 is finished. Otherwise, outlook will now remain bullish.

In the long term picture, downside momentum is clearly diminishing and bullish convergence condition in weekly oscillators; the long term
down trend in USD/JPY might have reversed. Focus now turns to 101.43/65 medium term resistance zone and decisive break there will also
break the lower high lower low pattern since 124.13. This will suggest that a long term bottom is in place and another rising leg of the sideway
pattern that started at 79.75 in 1995 should then be in progress for upper side of the range at 147.68.

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15 avril 2010 [DAILY MARKETS UPDATE]

EUR/JPY

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15 avril 2010 [DAILY MARKETS UPDATE]

The technical outlook for EUR/JPY Thursday, April the 15th, 2010, level 126.6

EUR/JPY 's break of 127.44 indicates that rise from 123.41 has resumed and flips intraday bias mildly to the upside for 127.88 resistance. But
the current market action may jeopardize our bullish view a double top pattern is possible we need clear again 127.44 and 127.88 to confirm
that whole rally from 119.64 has resumed too and should target 100% projection of 121.05 to 127.88 from 123.41 at 130.24 next. On the
downside, below 125.69 will indicate that consolidation from 127.88 is still in progress and more choppy sideway trading would be seen first
before another rally. Only on a break 124.93 will invalidated our bullish view and a double top pattern will be confirm.
Furthermore in an Elliott wave point of view, the bigger picture, the choppy fall from 139.21 has completed at 119.64 after completing a head
and shoulder bottom pattern. The corrective structure of the fall from 139.21 to 119.64 in turn argues that whole rally from 2009 low of
112.10 is still in progress. Sustained trading above 134.36 resistance will further affirm this case and pave the way to a new high above 139.21.
On the downside, break of 121.05 support, however, will revive that case that EUR/JPY has already topped out in medium term at 139.21 and
will pave the wave for another low below 112.10 instead.

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15 avril 2010 [DAILY MARKETS UPDATE]

GBP/JPY

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15 avril 2010 [DAILY MARKETS UPDATE]

The technical outlook for GBP/JPY Thursday, April the 15th, 2010, level 143.88

The GBP/JPY pulled back to as low as 140.94 last week, but was supported by the short term trend indicator, in blue on the chart, and
rebounded strongly. Nevertheless, as upside was limited below 144.71 resistance, that we clear tody, but we are now again below this level
and more consolidations could still be seen in near term. Initial bias remains neutral for more sideway trading and another fall cannot be
ruled out. On the upside, break again of 144.71 resistance and 145.05, current high, will confirm that whole rise from 132.13 has resumed and
should target 61.8% projection of 134.53 to 144.71 from 140.94 at 147.23 next. On the downside, a though, below 140.94 will indicate that
correction from 144.71 is still underway.
Furthermore in an Elliott wave point of view, in the bigger picture, with the break of 143.59 cluster resistance (61.8% retracement of 150.68
to 132.13 at 143.59) has dampened the bearish view and argue that medium term fall from 164.05 is completed with three waves down to
132.13 already. The corrective structure in turn argue that whole rise from 2009 low of 118.18 is still in progress. Sustained trading above
61.8% retracement of 163.05 to 132.13 at 151.23 will affirm this case and set the stage for another high above 163.05. On the downside, break
of 134.53 support is now needed to revive that case that GBP/JPY has topped out at 163.05.
In the longer term picture, fall from 251.09 is treated as resumption of multi decade down trend. Note that the fall from 215.87 is not treated
as the fifth wave, but the third wave inside the third wave that started at 241.35. Another long term decline is still expected after completion of
the correction from 118.81.

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15 avril 2010 [DAILY MARKETS UPDATE]

USD/CAD

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15 avril 2010 [DAILY MARKETS UPDATE]

The technical outlook for USD/CAD Thursday, April the 15th, 2010, level 0.9988

USD/CAD drops further to as low as 0.9953 but is still held above 0.9976 support. Intraday bias remains neutral for the moment and sideway
consolidations might still continue. Though, break again of 0.9976 and of 0.9953 will confirm fall resumption and should target the 61.8%
projection of 1.0679 to 1.0062 from 1.0303 at 0.9921. On the upside, in case of another recovery, break of 1.0302 resistance is needed to
indicate that USD/CAD has bottomed. Otherwise, outlook remains bearish and more declines are still in favor.

Furthermore in an Elliott wave point of view, medium term decline from 1.3063 is still in progress. It's unclear whether such fall is resuming
the long term down trend from 1.6196 (2002 high) or it is a part of a consolidation pattern that started at 0.9056 (2007 low). In either case, fall
from 1.3063 is now expected to continue towards 100% projection of 1.3063 to 1.0784 from 1.1723 at 0.9444 next. On the upside, break of
1.0779 resistance is needed to be the first signal that fall from 1.3063 is finished. Otherwise, the Outlook for the USD/CAD remains bearish and
we will stay bearish as long as 1.0779 resistances held.

In the longer term picture, while long term down trend from 1.6196 (2002 high) has made an important low at 0.9056, the sustained trading
below the long trend indicator, light green line on the chart, now at 1.0271 argues that the long term trend has not reversed yet. Fall from
1.3063 is either resuming the long term down trend or is part of a sideway consolidation pattern that started at 0.9056 (2007 low). We'll stay
neutral for the moment until the fall from 1.3063 finally confirms whether it's impulsive or corrective in nature.

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15 avril 2010 [DAILY MARKETS UPDATE]

GOLD

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15 avril 2010 [DAILY MARKETS UPDATE]

The technical outlook for GOLD: Thursday, April the 15th, 2010, level 1154.1

Gold's rise from 1085.0 is still in progress and with the break of 1163 resistance had confirmed that the consolidation from 1131.5 is finished
at 1085.0 already. The bias is neutral to mildly bullish and some side way trading or a retreat might be seen in Gold, but downside should be
contained above 1145.03 support and bring another rise. As noted before, rally from 1043.93 is still in progress and should bring the metal to
1163 resistance again and a break of this level will be followed by the 100% projection of 1043.93 to 1145.8 from 1085 at 1189 next.

Furthermore in an Elliott wave point of view, the bigger picture, price actions from 1227.5 are treated as correction to rise from 931.3 only, no
doubt. The lack of impulsive structure of rise from 1044.5 argues it's possibly part of consolidation from 1227.5, rather than resumption of the
long term up trend. Above 1145.8 will bring retest of 1227.5 high but upside will likely be limited there and bring at least one more fall before
the consolidation concludes. On the downside, below 1084.8 support will shift favors to the case that correction from 1227.5 is developing into
a three wave move with another low below 1044.5.

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15 avril 2010 [DAILY MARKETS UPDATE]

CrudeOIL

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15 avril 2010 [DAILY MARKETS UPDATE]

The technical outlook for OIL Thursday, April the 15th, level 85.54

Intraday bias in crude oil remains neutral to mildly bullish for the moment as consolidations from 87.09 may continue or we got a bottom now
at 82.47. Deeper retreat cannot be ruled out but downside should be contained by 61.8% retracement of 78.56 to 87.09 at 81.82 and bring
rally resumption. Above 87.09 will target 90 psychological level next.
Furthermore in an Elliott wave point of view, in the bigger picture, the strong break of 83.95 high confirmed that medium term rally from 33.2
has resumed. Nevertheless, there is no change in the view that it's the second wave of the whole correction that started in 2008 at 147.27.
Hence, we'd continue to expect strong resistance near to 50% retracement of 147.27 to 33.2 at 90.24 to bring reversal. On the downside, below
78.56 support will be the first signal of topping and will turn focus back to 69.50 support for confirmation.
In the long term picture, there is no change in the view that fall from 147.27 is part of the correction to the five wave sequence from 1998 low
of 10.65. While the rebound from 33.2 is strong and might continue, there is no solid evidence that suggest fall 147.27 is completed and we still
prefer the case that rebound from 33.2 is merely a corrective rise only. Having said that, strong resistance should be seen between
76.77/90.24 Fibonacci resistance zone and bring reversal for another low below 33.2 before completing the whole correction from 147.27.

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15 avril 2010 [DAILY MARKETS UPDATE]

DOW JONES INDU. Future June 2010

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15 avril 2010 [DAILY MARKETS UPDATE]

The technical outlook for DJI: Thursday, April the 15th, 2010, level 11051.1

Yesterday the Dow Jones is back on the ascending channel by breaking the lower band now at 11047.2 . Today our indicators are still gaining
steam for the upside and the next targets for the DOW are 11135.9 or 11211.77. On the down side, a consolidation may find support at 10901
or at 10870 but the short term trend indicator, the line in light blue on the chart, now at 10837.5 may hold and bring resumption of the rally.
On a break of this level the DOW may fall to 10726 and as far as 10726 held now, I remain bullish for the DOW but with a stop now below
10720.

Furthermore in an Elliott wave point of view, the count suggests that the bear market ended in Mar 09.The anticipated 50% retracement rally
was actually the start of a new 70-80 year super cycle bull market. The three waves up, thus far, are only Major waves 1-2-3 of Primary wave I
of Cycle wave I of this bull market. Should the current downtrend conclude with alternation with the Jun/July downtrend, and hold the 10%
correction, it will be labeled Major wave 4 with now up Major wave 5.With the break up10723: the move from 10723.4 to 9789.9 is wave 4 of I
and the current wave is wave 5 of I: because now we may count 5 waves up on this rally and we get a first target at 10973 and perhaps to
11135.9. Remember that this Wave I: is the start of a super bullish super cycle of 50-70 years and will be followed by a wave II in correction
that may be profound.

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15 avril 2010 [DAILY MARKETS UPDATE]

Economic Calendar
Thursday, Apr 15, 2010

GMT Ccy Events Consensus Previous

00:30 JPY BoJ Holds Quarterly Branch -- --


Managers' Meeting in Tokyo

01:00 AUD Consumer Inflation -- 3.2%


Expectation Apr

04:30 JPY Industrial Production M/M -- -0.9%


Feb F

04:30 JPY Industrial Production Y/Y Feb -- 31.3%


F

04:30 JPY Capacity Utilization M/M Feb -- 3.9%


F

08:00 EUR Italian Trade Balance (Total) -- -3360


(EUR) Feb

08:00 EUR Italian Trade Balance EU -- -165.0M


(EUR) Feb

08:00 EUR ECB Publishes Monthly -- --


Report

12:30 USD Empire Manufacturing Apr 24.00 22.86

12:30 USD Initial Jobless Claims (APR 440K 460K


10)

27 Daily Markets Update| SFM Finanz , S. Optyker, C. Guizelli +41.21.566.16.22 Mob: +41.79.202.19.58 & +41 79.673.64.61
15 avril 2010 [DAILY MARKETS UPDATE]

12:30 USD Continuing Claims (APR 3) 4600K 4550K

13:00 USD Net Long-term TIC Flows Feb -- $19.1B

13:00 USD Total Net TIC Flows Feb -- -$33.4B

13:15 USD Industrial Production Mar 0.7% 0.1%

13:15 USD Capacity Utilization Mar 73.3% 72.7%

14:00 USD Philadelphia Fed. Apr 20.0 18.9

14:30 USD Fed's Jeffrey Lacker Speaks in -- --


Charlotte North Carolina

16:15 USD Fed's James Bullard Speaks in -- --


New York City

17:00 USD NAHB Housing Market Index 16 15


Apr

17:40 USD Fed's Dennis Lockhart Speaks -- --


in Pensacola Florida

19:00 USD Former Fed Chairman Paul -- --


Volcker Speaks in New York
City

19:15 USD Fed's Jeffrey Lacker Holds -- --


Press Briefing in Charlotte
North Carolina

22:00 NZD REINZ House Sales Y/Y Mar -- -3.8%

28 Daily Markets Update| SFM Finanz , S. Optyker, C. Guizelli +41.21.566.16.22 Mob: +41.79.202.19.58 & +41 79.673.64.61
15 avril 2010 [DAILY MARKETS UPDATE]

22:00 NZD REINZ Housing Price Index -- 0.4%


M/M Mar

22:00 NZD REINZ Housing Price Index -- 3214.8


Mar

Friday, Apr 16, 2010

GMT Ccy Events Consensus Previous

-- JPY Japan Cabinet Office Economic -- --


Report

01:00 USD Fed's Janet Yellen Speaks in -- --


San Francisco California

06:00 EUR EU 25 New Car Registrations -- 3.0%


Mar

07:15 CHF Producer & Import Prices 0.4% -0.3%


M/M Mar

07:15 CHF Producer & Import Prices Y/Y -0.1% -1.0%


Mar

08:00 EUR Italian CPI (NIC incl. tobacco) 0.3% 0.3%


M/M Mar F

08:00 EUR Italian CPI (NIC incl. tobacco) 1.4% 1.4%


Y/Y Mar F

08:00 EUR Italian HICP M/M Mar F 1.5% 1.5%

29 Daily Markets Update| SFM Finanz , S. Optyker, C. Guizelli +41.21.566.16.22 Mob: +41.79.202.19.58 & +41 79.673.64.61
15 avril 2010 [DAILY MARKETS UPDATE]

08:00 EUR Italian HICP Y/Y Mar F 1.4% 1.4%

09:00 EUR Eurozone CPI M/M Mar 0.9% 0.3%

09:00 EUR Eurozone CPI Y/Y Mar 1.5% 1.5%

09:00 EUR Eurozone CPI - Core Y/Y Mar 0.9% 0.8%

09:00 EUR Eurozone Trade Balance s.a. 3.0B 1.8B


(EUR) Feb

09:00 EUR Eurozone Trade Balance -0.5B -8.9B


(EUR) Feb

09:05 EUR Italian Current Account (EUR) -- -5461


Feb

12:30 CAD Manufacturing Shipments 1.0% 2.4%


M/M Feb

12:30 CAD New Motor Vehicle Sales M/M 7.0% 0.0%


Feb

12:30 USD Housing Starts Mar 610K 575K

12:30 USD Housing Starts M/M Mar 6.1% -5.9%

12:30 USD Building Permits Mar 625K 612K

12:30 USD Building Permits M/M Mar -1.9% -1.6%

13:00 USD Fed's Kevin Warsh Speaks in -- --


New York City

30 Daily Markets Update| SFM Finanz , S. Optyker, C. Guizelli +41.21.566.16.22 Mob: +41.79.202.19.58 & +41 79.673.64.61
15 avril 2010 [DAILY MARKETS UPDATE]

13:55 USD U. of Michigan Confidence Apr 75.0 73.6


P

17:00 USD Fed's Thomas Hoenig Speaks -- --


in New York City

31 Daily Markets Update| SFM Finanz , S. Optyker, C. Guizelli +41.21.566.16.22 Mob: +41.79.202.19.58 & +41 79.673.64.61
15 avril 2010 [DAILY MARKETS UPDATE]

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