Tuesday, 16 August 2011

ASX SPI 200 daily chart trend line test

Daily chart showing the action since the April high...


Hourly chart showing the action for August...


AUD/USD hourly chart trend line test


Daily chart trend line touches aplenty

I'll run through the daily charts of the markets which I watch most closely. Many of them are showing trend line touches. Will be very interesting to see if those touches become trend line bounces, or trend line breaks...

S&P 500...


ASX SPI 200, trend line touch...


AUD/USD, the nearby overhead trend line should prove hard to beat IF the trend is down...


EUR/USD, triangle trend line touch...


GBP/USD, trend line re-test following last week's break lower...


Gold daily, and hourly which shows a potential Head and Shoulders top...



Silver...