Where are the stock markets going now : DOW closed Monday after a strong rally at 12.719.3. Asia started to sell down the index but did not manage. Now 30 minutes before Europe opens trading is at 12.703. The 2 hr, 8 MA has turned up but the 21 MA is falling. This means we are at a breaking point today for up or down movement.

24/07/2012

DOW closed Monday after a strong rally at 12.719.3. Asia started to sell down the index but did not manage. Now 30 minutes before Europe opens trading is at 12.703. The 2 hr, 8 MA has turned up but the 21 MA is falling. This means we are at a breaking point today for up or down movement.

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