Mower's short cuts:ASX@5465 (-1) Been sideways as GK has said,...

  1. 1,372 Posts.
    Mower's short cuts:

    ASX@5465 (-1) Been sideways as GK has said, day up, day down. Technically still in up trend. But, it has had trouble with post GFC high res@ Approx 5550 to 5500.

    FTSE @ 6830 (+17)
    DAX @ 9603 (+61)
    DOW @ 16578 (+83)

    A different format this week. The 3 above are similar and are IMHO at critical stages chart wise. As with my FTSE post on old thread they will need to break new ground if they are to go higher. THEY MAY DO SO! But at the moment I think that perhaps not. I post the DAX chart. NOTE the series of lower highs. The DOW is similar, and refer to my FTSE post for that chart. (Friday)
    China50 @ 6658 (-59) Slow down trend continues. Slow death! All indicators on gentle slide. Currently at some medium strength R&S level.
    cheers
    Mower

 
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