Tuesday, 13 November 2012

DAX below last week's low would confirm new down trend

Are we there yet? Are we there yet? Very nearly almost, but not quite. Below last week's low would shatter the chances that the DAX is forming a bullish flag, which is the "last chance" bullish scenario in the near term. Below that low would confirm a new down trend.

ASX 200 trading below trend lines and support, 15 mins from close