DOW and EURO falling 15 minutes before Europe opens

DOW has just taken out important S point at 12.740.2. Now trading 12.735. Next support is at 12.641.4. The 2 hr trend is sharply down. Restest of S point very likely.

EURO open Monday with a gap on downside. Now trading 1.2093. The 2010 low is at 1.1875 and is next weekly support. All trend lines are down.

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