Market analysis - Goldman Sachs, Crédit Suisse, UBS
Monday, 24th July 2017,
UBSG : An important event is going to happen soon, before October 2017, and price may get very volatile after this date.
GS: The upward tendancy hit the 2007's top. This tendancy has great chances to have a correction, down to 205.
There's a double top showing it, and most of indicators' tendancies are disrupted.
CS : Waiting for the double bottom (weekly scale) confirmation or not in the following weeks, we may try to anticipate it.
The daily stochastic is losing its enthusiasm, but it can have a boost soon as well. If the stochastic go back to higher than 80, the double bottom may get confirmed.
If confirmed, the price may go up to around 18-20 and stabilising higher than 17.
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