Tuesday's session on Wall Street once again ended up surprising for European players hands. 20:00 Polish time the S & P 500 hovered around Monday's closing, in the final two hours to build a wave of receiving the index to fall 1.6 percent. By analogy with the case in the case of DJIA index and the Nasdaq Composite, which lost a little less - Dow gave more than 1.4 percent and the Nasdaq almost 1.2 percent. The impulse of succession in the final day was the information that the U.S. administration seeks to ban on new drilling in the Gulf of Mexico, which przeceniło fuel industry. Dangerous for the information industry has fallen on fertile ground, which were weaker than expected data from the real estate market, which focused attention on the players the next wave of speculation about a recession.
From the standpoint of technique yesterday's decline does not require a breakneck explanation. S & P 500 broke two support - the neck line of formation of the double bottom line of June and the upward trend. Total zanegowało a buy signal in the region of 1105 points and dislocation Recent buyers had to flee from the market. Bulls are constantly on their side overcome the downward trend, but the growth scenario is not so obviously a rising trend line break forces the market to speculation about the end of the May correction kwietniowo-shopping.
declines on Wall Street have to move to Asia, where the Nikkei ended the session at a loss close to 1.7 percent. Sale in the U.S. has weakened euro and with it the appetite for risk has fallen, making the weaker zloty. However, futures on the S & P500, record increases, so the power supply to the openings in Europe should not be significant. Unfortunately for WIG20 openly can be dangerous, because the sessions will start in the fight against the rising trend line, which a month to support buyers. Overcoming an important level will force the market to find support levels, which is the first 2337 points.
After opening the market's attention should shift to Europe, where there will be readings PMI indices for industry and services in the subsequent hours, the U.S., where he published Railways are the data from the real estate market. But there is no doubt that the ending event of the day will be the FOMC meeting today in the U.S., from which the expected absence of increases in interest rates and assessments of health of the economy the prospect of becoming a second wave of recession. Waiting to be published at 20:15 FOMC communication should cool down a bit emotional and reduce the impact of yesterday's shopping.
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