Sunday, 10 May 2015

ASX 200 daily chart, fierce down trend, resistance around 5750-5800

S&P 500 range bound, higher from bullish false break, now testing trend line resistance

Daily chart shows that on Friday the S&P rallied from a bullish false break of trend line support.

Hourly chart shows the market testing trend line resistance drawn from the April 27 peak.

NASDAQ 100 daily chart, higher from bullish false break, watch trend line resistance

Gold daily chart, choppy, watch for tests of short term trend channel for guidance

Silver daily chart, choppy but trending up

AUD/USD daily chart, lower from test of trend line resistance

EUR/USD daily chart, watch for test of trend line support