25/09/2012

DOW, SP500 and NAS have now broken the 8 days toptrend on downside and all daily 8 day MA:s are down.

NAS has already fallen to its 21 day MA where it currently has support. This 21 day MA is the first target for the DOW and SP500 as well. There is a possibility that DOW can retest the break out point tomorrow, but the warning in this mornings blog has now been full filled.There is 32 minutes left on Wall Street and the DOW is right now trying to retest the breakout point at 13.494.6  from below but has so far failed.

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