world indices, markets & news. week 2nd mar'14, page-2

  1. 1,372 Posts.
    Got the old dell bus going again, for now. I know a few tricks but I am no techno! It is 4 or 5 years old. Time to shout myself a new one. Not a Dell.


    Mower's short cuts.

    ASX @ 5421. (change on week -8) At/near recent resistance. Can not push through, but held up. MACD ready to cross down. Candles stayed at or above EMA10. GK how does it look on your "modified". RSI down a little
    It was over 70 a week ago. Still on short watch.

    FTSE @ 6810. (change on week +4) All sideways here. Still respecting EMA10. MACD on way down but holding. Again at/near recent res. RSI 62 approx flat. Most likely a short. On watch.


    Germany 30 @ 9656. (change on week +34) Big red candle 3 days ago and looked ready for short. Bounced up off EMA30. MACD turned up. RSI on rise @ 57. Heavy res @ 9700.

    China A50 @ 6574. (change on week -223) Presented as short last week and dived. Last 4 days small gains back. Still below EMA30. RSI hit low of 32.5, now 40. Still looks shaky. Not much good news out of China. Some res at 6600. It could bounce down from there.

    DOW @ 16342. (change on week +233) You cannot keep this down with a brick. Spent week following EMA10 of rise. All points up. res approx. 16500. RSI on rise, 62.5. Room to go up still.

    Japan @ 14928. (change on week +136). This is trending up! slowly. Candles have gone through EMA10,20,30. Lines crossed up, just. MACD crossed up a couple of weeks ago. (RSI was under 30 then). Looks on the rise here. The economy does seem on the mend. I will not trade this trend but it looks a long.

    Cheers
    mower
 
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