ASX weekly is almost testing the 5000 support that I am looking at
China A50 weekly hit the kumo resistance. Huge problems are still bubbling under the surface in China on many fronts. This could blow up at any time literally.
DAX daily is coming off after Draghi announced that he can do whatever it takes in December to crush the euro lower and therefore keep the dream alive for the DAX to go higher. This worked to prop up the DAX for a while but hope is fading again now. No doubt he will come out with more promises of more QE.
FTSE daily is testing the kumo possible break down is very likely.
No comments:
Post a Comment