05/04/2012

DOW, SP500 and FTSE at CET 07.35

DOW's critical support point 13.030.7 was never challenged Wednesday. The close was 13.072.7. In Asia the short trend is now up, currently at 13.085. I expect this uptrend to continue and a possible test om main R at 13.150.7 is possible later today Thursday.
SP500 is also in an hourly uptrend currently at 1.400.37.
FTSE will open  CET 09:00. This index moved sideways before close Wednesday which came in at 5.711. FTSE broke very important support point at 5.736.75 and I expect a test of this point from below today Thursday.

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