No open positions. Mower's short cuts. Over-rider! Over the weekend Russian/pro-Russian troops marched in to a military base in Crimea. Shooting as they go! As this happened over the weekend the markets are closed, so no market reaction yet. It could be down! Perhaps the markets are a bit over the Ukraine situation? I am not factoring in any of this I will call what I see. If this escalates then it is likely to be all down!!
ASX200, @ 5304. (change on week 0) Up and down all week. Overall trend is still down. EMA lines crossed down, and RSI still on gentle slide. If you are looking for a "low risk" trade then a gentle short here.
FTSE@6519. (-5) Again up and down all week. Similar to ASX really.
Germany 30 DAX @9282. (+241) It is the most bullish of those I watch. Had a good week after a HUGH fall the previous week. (correction after an over-reaction??)MACD crossed up and RSI on the rise. Candles starting to rise through the EMA lines. Could be a long. I would wait to see what the Ukraine factor is.
DOW@16293 (+235) The resilient nature of the DOW was tested but the bull won! Still in general up trend. I think that only serious shooting by the Russians will change this. It is near res at 16400/500. Perhaps not to be broken until Putin "keeps it in his holster"!
China A50 @6675. (+220) Remember tis one zigs when others zag. Been in general down trend for 5 months. BIG green late in week. Trend changer?? Time will tell. Tough one to tame GK.
Japan @ 14320. (+109)Previous week HUGE red. This week sideways to consolidate. Looks to be back in down trend for me. Early call!
Spain35 @ 9967. (+154) Still trading in yo-yo channel. 9800 to 10200. Money to be made if stay up all night and day-ST trade.
