27/10/2014

FTSE 12:39. Moves in the same pattern as DAX.Long term trend down and only the rising daily 8 MA is giving support for the daily trend. The strongest EU index is SWED which nearly behaves as the US indexes. If FTSE can build a top in the daily trend where the line is and break on downside - that will trigger big selling I think

Day. The 200,100 and 50 MA shows the bear market with correct crosses. It is only a matter of time before FTSE and DAX start falling. If they do that will have a big impact on the US indexes which now is much stronger.








30 min. Shows the bull trap this morning. Right now nothing is happening

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