Tonight the huge fall of the DAX over the last couple of weeks has halted and is slightly up.
Today the shanghai composite remained still in strong upward trend.
the nicki while still in upward trend has moved down sharply over the last three days.
the all ords has moved down a little further to be at the bottom of the its upward trending trading band .......
the US markets are at the bottom of an 11month trading band (there has been a good sized correction) and are slightly up pre-open ........
its a real mish - mash with the Ukraine setting a different tone for the other side of the world, and the US being affected also..... asia is generally being less affected..
technically the all ords should now steady and reverse back up again but i am personally a bit edgy about the possible knock on effects from the Ukraine........
the sectors are all over the place also with - resources, consumer staples, utilities and telecommunications - in upward trend
consumer discretionary, & property – being in upward trend but just having broken through the lower edge of the trading band....
(the retailers are generally in upward trend -contrasts with their sector)
industrials, finance & energy - have just reached, or are near the bottoms of their trading bands..
gold - is in downward trend (a little bit behind the gold price which has shot up)
so, if all that doesn't confuse you nothing will..
