24/10/2011

SP500, FTSE and DAX turn down as well without taking critical resistance points.

SP500 needed a close above 1.260 to show strength but after two attempts the index gave up. FTSE was only two points below it critical target before it fell back also after two trials. Finally DAX was only one point from its important target when it started to fall.

Only the Dow has taken its target at 11.893 intraday. I am now looking for the closing numbers.

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