12/04/2012

All indexes have accelerated in their 2 hour uptrends

The indexes are in a powerful uptrend that can go higher tonight or tomorrow. The falling 8 days MA gives R so far. The uptrends are mainly built on short covering. Here are the R points for each index.

DOW 12.967.21 and 13.005.6
SP500 1.385.71 and 1.390.12
DAX 6.771.18 and 6.790.40
FTSE 5.736.75 and 5.749
SWED 1.057.43
IBEX 7.570.2


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