once close to record highs 1444.5 dollars

Market commentary:

For Portugal will apply for assistance and European summit may delay expand the scale every of aid money worries, yesterday euro and pound both plunges and once accelerated the speed of profit dish taking short, the dollar index also heavy and precarious situation in a blessing in disguise, avoided round turns the short term downturns may appear. But in the a $$, overall rebound still maverick maintained a steady upward style, recently on a chart also reap even 4 Yang. From this change, we can see that the different currencies, funds to appear differentiation attitude.

Outlook analysis:

 

News analysis, the dollar index rebound on the resistance of the 76.00, if the above $76.00 stand firm, to 76.20 even 76.50 index is expected to rally around. The target Today 75.50, in short support in 75.25 clear mbts to more good short important supporting. As long as the dollar index not below $75.00, and payment must will keep the bounce of the trend. But in the medium term, the dollar weak form.

 

Technology surface analysis, spot gold continue to go up, is again approaching record high. On the one hand, new-home sales because the United States is far lower than expected, market speculation the fed will continue to market liquidity; On the other hand, the Portuguese parliament not through government austerity measures, the eu postponed deciding how to expand American financial stability fund (EFSF) scale, the debt worries warming. Meanwhile, Libya battle in full swing, easing tensions in the Middle East has seen. So, in all kinds of positive factors, spot gold, driven by strong rise. Come from technology graphics, spot gold in 5 she analyzed by average daily line after risen strongly supported, once close to record highs 1444.5 dollars per ounce level rising, averages.

 

Trading direction: meet low buying

 

Strategy: may refer to buy gold price in varieties, 1818-1820 $$$1445 stop, target

"Medium" injured-dedicated valuations highlight

Although today's grail index volatility is limited, but stocks are fairly deadly winners amplitude. Nearly 13 only stocks drop stop, mostly concentrates in the small and medium plate and gem stocks, which indicates that the high valuations of varieties of risk is still pending further release. Fled funds obviously did not leave, but some have entered the weights of valuation advantage varieties, i.e., institutions adjustable storehouse changing strands is "in" the injured-dedicated rise the important reasons. Calling from huaxun investment think as holiday approaching, step by step, such as cash pressure without big gains stimulation, expected to stock index will range bound trading.

Meanwhile, following the shenzhen 300 completely back fill in October last year, after the jump vacancy mouth as leading indicators of shenzhen ChengZhi returned to fill the gap in this period, this means that Shanghai synthesis index to fill gaps is just a question of time. According to our Shanghai synthesis index analysis, once before to fill gaps, the market will continue to Ethan bottom.

Analysts QinHong also believes that the current a-share market mainstream capital inflows of gradually appear A conspicuous features, that is cutting peak and valley, peak, refers to the pannikin high premium, valley, refers to the traditional industries, especially some valuations shares varieties and obvious advantages in 2010 rise not big varieties, such as China petroleum and other varieties. Therefore, cutting the peak and valley of implication is that capital is in succession from high valuation of the pannikin flows, and at the same time, low valuation of the traditional industries strands of becoming a stock fund haven, and triggered a partial funds of interest. But because it now high valuation of the pannikin indeed like "quake lake", thus make the recent money continue outflow, due to the plate punctuated slump varieties, thus weakening the index shares bottom stock offerings effect, thus make the grail on Monday again downturn movements characteristic.