Posted Apr 5, 2013 by Martin Armstrong
Resistance for next week will be at the 13007 level. If we close below that today, the Euro will retest the mid 12900 area then move up into the week of 4/15. A close ABOVE 13007 on cash in New York will warn that the rally in the Euro may lead with stops and 13007 would be the first support area. The week of 4/15 seems to be the timing for the next turn with the target resistance in the 13130, 13290, and 13435 levels.
North Korea is threatening all Pacific Allies and China is not on their side, but Russia is. This is why North Korea is feeling its oats. So any rise in the dollar maybe starting the week of 4/15.