So far there is no attempt by DOW to rally to test the top at 13.330.7. DOW is holding close to the slowly rising 8 day MA now at 13.216 supported below of the rising 21 day MA. Safety first has been the rule so far the last two days after the rally. The 2 hour trend is up and will get stronger during the day so a rally might come today. If not time will start to run out for a test of the top in the beginning of next week.
SP500 and NAS looks better to start a rally at anytime. This is the big traders markets now and anything could happen to the upside until next Tuesday. They all want to get short positions as high as possible.
DAX is strongest in Europe following the daily uptrend. FTSE is weakest, now locked for the second day below its falling daily 8 MA and rising 21 MA.
The EURO, OIL GOLD and SILVER are all in very strong up trends with new highs the last five days, including today in Asia. Current prices are Euro 1.2540, OIL 97.99, GOLD 1.664.55 and SILVER 30.37.
SP500 and NAS looks better to start a rally at anytime. This is the big traders markets now and anything could happen to the upside until next Tuesday. They all want to get short positions as high as possible.
DAX is strongest in Europe following the daily uptrend. FTSE is weakest, now locked for the second day below its falling daily 8 MA and rising 21 MA.
The EURO, OIL GOLD and SILVER are all in very strong up trends with new highs the last five days, including today in Asia. Current prices are Euro 1.2540, OIL 97.99, GOLD 1.664.55 and SILVER 30.37.
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