Support and resistance levels for the main securities
Sharecast - Fri May 25, 3:02 am ETSecurity: Support/Resistance: EUR/USD: 1.2513/1.2622;. FTSE100: 5,253/5,408; S&P 500: 1,290/1,329; EURO STOXX50 Fut.: 2,085/2,188
Security: Support/Resistance: EUR/USD: 1.2513/1.2622;. FTSE100: 5,253/5,408; S&P 500: 1,290/1,329; EURO STOXX50 Fut.: 2,085/2,188
Asian markets were mixed as they adapted to Greek and euro zone unpredictability. Overnight Greece put in place a caretaker government and set a fresh restart for elections next month.
'Sell in May' effect still in evidence:INVESTORS WHO obeyed the old adage “sell in May and go away” did nicely in 2010 and 2011, when global indices suffered painful corrections, but this phenomenon goes back a lot further.