TMP Monthly Forecast
July 2010
We expect more range bound trading to continue between the levels of 10200 and 10800 through this month. We will likely see the first full week of July being the most aggressive and massive POSITIVE point gains, with July 2nd being a poor trading day. We expect volatility and volume to increase as the markets clamour to find their footing. Overall we’ll likely see a small gain int he major indexes by month’s end, but stuck in range bound trading is the caveat of July 2010.
