Monday, June 11, 2012

Markus Rose: June 2012 Forecast Modifications!

www.seekingalpha.com

Here are some important adjustments to the June 2012 Forecast:

June 11: at the time of this index is up 3 points (1328)....but new forecast is that S&P 500 will close DOWN, most likely it will close below 1320.
June 12: Close UP
June 13: Close DOWN
June 14: Close DOWN
June 15: Close UP

For the remaining two weeks (June 18- June 30), no modifications to the original ... forecast are planned.

Note that this week June 11 (after 11 am NEW York) and June 13 are most bearish, while June 12 is the most bullish day.

best regards,

Markus Rose

See also HERE