26 December 09:13 AM

Exchange news, S&P500. Market overview and current week (Monday, December 26) forecast from the Department of Masterforex-V Trading System .
Last week was positive and showed the growth of S&P500 index, having met the market statistics of market growth on the eve of Christmas. At present technical bottom line is at the point of 1250.00, the top line is at the point of 200-day average:
It can be observed from cluster charts that at the beginning of the week sellers’ pressure was broken by consumer purchase, which resulted in further rising trend at the market:
Weekly market profile shows that buying zone is over 1235.75, and selling zone is below 1210.50; in between these zones lies the field of action of the channel:
All sectors of the market have had a rather even rise; industrial sector is at the top of the list because of a 3-month leadership in terms of statistical data. This signals about the generally positive market atmosphere:
The index of investors’ uncertainty (or index of “fear”) VIX currently is absolutely positive, which can be clearly seen from the positive spirit of investors:
In spite of this, stock market liquidity always falls drastically during the period of Christmas and New Year holidays. This can result in the general rise of market volatility.
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Google is reported to introduce Nexus 7, a 7-inch tablet PC, in July. The expected price is $229 per device. Some web sources have already revealed several sneak pics of the long-awaited device.
USDA report dated June 13 has surprised traders, who were expecting crop areas of corn to drop; however, it has not been reconsidered, thus remaining at the point of 97.3 mln. acres. Predicted yield capacity has dropped only by 1.5 bushels per acre, to 156.5, whereas 150-155 bushels per acre had been expected.
June report of USDA has been published almost without any change in comparison to the previous month:
According to ABC News, Facebook company has sent letters to reporters; these letters contained information that a new product will be introduced on June 20 at the company’s headquarters in Menlo Park. However, it has not been specified what kind of product was meant.
1. FAO (Food and Agriculture Organization of UNO) report dated June 06, 2013
Forecast of wheat production in 2013 has increased from 2 mln. tons to 697 mln. tons. Forecast of stocks also shows growth, both in comparison to previous forecast and the period of 2013-2016 y.y.
USDA export-import reports were published on June 5:
Export during the period of January-April 2013 has amounted to 737.304 mln. pounds, which is 3.8 percent less than during the equal period in 2012.
Export in April 2013 has amounted to 180.069 mln. pounds, which is 13.35 percent less than during the equal period in 2012.