Thursday, 22 January 2015

ASX 200 after hours trade testing dual trend line resistance ahead of #ECB

The ASX 200 in after hours trade is testing dual trend line resistance.

S&P 500, NASDAQ 100 futures testing key down trend lines ahead of #ECB, Dow weaker

S&P 500 futures / all sessions trade is testing key down trend line resistance.

So too the NASDAQ 100.

The Dow's rally from last week's low has been weaker, nowhere near its equivalent down trend line.

Hang Seng powers through key down trend line

The Hang Seng has powered through key down trend line resistance. Perhaps it needs to test the November high before beginning the next leg of the 60%+ decline I've been calling for? Or perhaps that scenario is wrong. Only time will tell. Nothing in markets is certain, nothing.

EUR/USD testing overhead resistance from year old down trend channel