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World Stock Markets Trading Discussion - Feckless flickering

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All Ords 5-day chart




All Ords struggled to stay afloat and eventually closed flat.  Healthcare +0.5% was the leading sector with Gold -2.4% at the other end.

Over in Asia, China -0.2%, Hong Kong -1.2%, Japan -0.4%, India currently -0.4%.

Hefty falls in UK/Europe: FTSE -1.4%, DAX -1.6% and CAC -2%.










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I'm sticking with my story that Saudi money fleeing the markets is a force at the margin which tipped this thing. Not that it matters what the story is.

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10 minutes ago, DrStool said:

3 day cycle projection 2655. 

5 day, 2655,


If not there is support around 2500, First circuit breaker.


That's a joke. I think.

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Multiple trendline support convergence 2649. If broken, support vacuum to 2620. 

5 day  cycle projection now also looking 2620. 

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