ASX@5433 (+28) Thursday saw a good green but most of week was small reds. Bounced off support line at bottom of channel, stalled mid way. It has been showing lower highs. No real strong direction, but to punt I would go short.
FTSE@ 6825 (+51) It has recovered the loss (big red) on 13 june, but stalled the last few days. Running out of steam perhaps? Heavy recent res at 6880. Again no clear direction but that res should suggest Short.
DAX@9985 (+79) Touched that 10000 again. It has had a few attempts at it and come back. I am finally with Flem on this one. It would be brave to be long on this atm. BUT! 5 may was the last time it closed
DOW@16947 (+175) Tested record levels again, 2nd attempt. 20 May was the last time it closed
Enjoy the week punters! Those new to the forum Post your thoughts.
