08/10/2012

DOW, SP500, DAX, NAS and FTSE 56 week charts now

DOW has a four top with high closes above the 8 week MA and has just opened Monday in Asia





SP500 is also opening high above 8 week MA








DAX the same as above









NAS is on the 8 week MA and the formation so far looks like a top







FTSE has one close below 8 week MA and it is falling right now. Weekly close was 5.844. At 5856 the MA is rising and weekly trend is up but a fall and next Friday close below 5712 is very dangerous.

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