02/04/2012

Market now

FTSE 1 hour trend is up trying to get above strong resistance at 5.780.4. Next R is 5.799.32
SWED holding below R 1.069.01 and DAX the same at R 6.958.60.
IBEX is building a bottom on 2 hr chart for a possible rally later in 7.900 area.
DOW small movements up and down but 2 hr 21 MA rising and holding now at 13.190.
SP500 support (S) at 8 day rising MA at 1.405. Now trading 1.406.92

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