FDAX at 5000 FDAX from the other side
So we are down now. Such quick movements downwards you allways see at the end of a big uptrend. The FDAX down almost 3.3% in two days. At the low of the day testing support at 5000. I wait with trading today.
A few nice charts to follow where you can see the US markets ended last night. The big uptrend of the S@P 500 has been broken as clearly can be seen by the broken trendline. Also the S@P broken throuhg the 200 SMA and closed below this level.
The NASDAQ making lower highs and testing the support at 2100.
The DOW Jones choppy during all summer. A confirmation of the fact that the uptrend this year was performed by the smaller companies (see Russel 2000).
daytrading
FDAX
A few nice charts to follow where you can see the US markets ended last night. The big uptrend of the S@P 500 has been broken as clearly can be seen by the broken trendline. Also the S@P broken throuhg the 200 SMA and closed below this level.
The NASDAQ making lower highs and testing the support at 2100.
The DOW Jones choppy during all summer. A confirmation of the fact that the uptrend this year was performed by the smaller companies (see Russel 2000).
daytrading
FDAX
posted by Carlo Giuntoni at 3:04 PM
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