Despite the big falls Tuesday the 8 week MA held up well in Europe with DAX, FTSE and SWED closing just above the moving average which always is a strong support in dramatic falls like Tuesday's.
MIB, CAC and IBEX closed just below the average.
In the US the trading did not even come close to the rising 8 week MA. Dow closed at 11.657.7 and the 8 MA is at 11.453. Sp500 performed as the DOW did.
It is now CET 11: 17 and we are all waiting for what the Greece government has decided. G 20 starts tomorrow and the first thing according to Sky News is a meeting with the Greek side.
MIB, CAC and IBEX closed just below the average.
In the US the trading did not even come close to the rising 8 week MA. Dow closed at 11.657.7 and the 8 MA is at 11.453. Sp500 performed as the DOW did.
It is now CET 11: 17 and we are all waiting for what the Greece government has decided. G 20 starts tomorrow and the first thing according to Sky News is a meeting with the Greek side.
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