Thursday, 14 February 2013

DAX close to breaking down, S&P 500 futures lower, ASX 200 stretched

It's looking to be a more important than usual night.

The German DAX is once again testing trend line support.

The S&P 500 looks set to open lower and is showing another throw-over of that top wedge trend line. Will this throw-over fail also? If so will I label it a throw-under of a throw-over?

The ASX 200 is down in after hours trade. It looks to be stretched in the near term, testing trend channel resistance.