30/05/2015

All things considered. Warning for a H&S break on downside for the DOW.

The DOW is most important now with the clearest chart formation. A Head & Shoulder formation is close to break the neckline on down side taking all other indexes with it. Week May 1 could be a start for a big correction if DOW breaks the neckline. Could come from Monday.

DAX looks vulnerable for downside since the daily 50 MA has turned down and will stay down for several weeks. Since all indexes will go together as usual next week can start a big correction on downside. The monthly trend 8 MA is steadily up but a break below that line is a strong warning signal. However we are now in the summer and activity use to slow down. Stocks are only bought because there is no where else to put money. Stock "stock picking" funds loose customers all over the world to index funds which are cheaper and has had better results than many hedge funds. Since lots of money come into index funds they must immediately buy the index shares.

Greek and Iran is coming up soon and the US 10 year yield is hesitating to get below 2,10 percent. The Euro is in a break situation at 1.09 on up or downside. Small marginals for all financial charts. Commodities and bonds are too risky.




DOW month, week, day and 2 hr 19:44. Dow is most likely to fall - and it can be a big correction

Month









Month









Week









Week









Day









Day. Head and shoulder is built








2 hr. A clear H&S formation and a big drop if neckline takes out.







2 hr 

SP500 month, week, day and 2 hr Friday 29/05/2015

Month. No weakness









Week









Day









2 hr









2 hr. 50 MA is likely to cross the blue 200 MA this week. If so a falling market is most likely










NAS month, week, day and 2 hr Friday 29/05/2015

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Week









Day









2 hr










DAX month,week, day and 2 hr Friday close 29/05/2015

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Week









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FTSE month, week, day and 2 hr close 29/05/2015

Month. The MA indicates upside trend








Week. Trend unclear.









Day. Trend unclear









2 hr.








29/05/2015

SP500 5 min during ten days 18:37


SWED close month, week, day and 2 hr Friday May 29 2015

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Week









Day









2 hr

SP500 day and 2 hr 10:32. Now between daily falling 8 and rising 21 MA

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2 hr

DAX day 10:25

Day. The red 50 MA is down and 100 MA is up. Has tested 50 but had to give up. Next main R is at 100 MA.

DAX day and 2 hr. Break on downside

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2 hr

SWED 5 min 09:42

5 min

SWED 2 hr 09:35

2 hr

SWED day 09:25

Day. The fifth wave on upside has taken main R line

SWED day and 2 hr 09:05

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DAX 15 min 08:20

15 min

OIL day 08:17

Day

EURO day and 2 hr 08:12

Day









2 hr

DAX day and 2 hr 08:03

Day









2 hr

DOW day and 2 hr 07:54

Day









2 hr

NAS day and 2 hr 07:52

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2 hr