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World Stock Markets Trading Discussion - Tricky tangents

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All Ords 5-day chart




All Ords almost lost the plot during the day but managed to recover to finish -1%.  Energy +0.4% and Telecomms +0.2% moved into the green.  IT lost the most, -2.1%.

Over in Asia, China -1.5%, Hong Kong -1.4%, Japan -1.9%, India currently +0.2%.

A touch of red in UK/Europe: FTSE and DAX -0.1%, CAC -0.5%.












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Got to upper triangle line and reversed.  2750 still operative support. Interim trendline 2757. If that holds, bullish. If it breaks, I don't think 2750 will hold either. SHTF then. 

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2 and 5 day cycles due for down phases starting this afternoon. Doesn't guarantee, but at least favorable for it. .  

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