Wednesday, 15 August 2012

Risk markets turning down at trend line resistance - AUD/USD, Gold, ASX 200, S&P 500, DAX

A host of markets have tested trend line resistance in recent days, and subsequently turned down or look to be turning down. Daily charts including all hours trade follow.



S&P 500. Bearish wedge.

ASX 200. Bearish wedge.

DAX. Bearish megaphone.