Weekly Techical Comments – “No Washout Yet” 15th April14

Its that time of the week for the Swiss team’s usual run through of the major international asset markets.

They expect further weakness for the major dm asset markets inc the sp500 (possible 1774) and Nik225 (13200).

We have momentum to the downside here though some sectors like the Bio techs are deeply oversold.

Ill leave the detail to the team and come back with a more meaningful post on the next few days.

Without here their latest report:

wklytech-15-4-14

All the best

Rich