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aussiebear

World Stock Markets Trading Discussion - Bemused brutality

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All Ords 5-day chart

big.chart?nosettings=1&symb=AU:XAO&uf=0&

http://bigcharts.mar...com/default.asp

 

Off the lows but still quite a bit of damage .. All Ords closed -0.7% with sectors ranging from Gold +2.3% down to Telecomms -3.6%.

Over in Asia, China -0.8%, Hong Kong +0.5%, Japan -1.1%, India -1.7%.

Down on open for UK/Europe: FTSE -0.4%, DAX -0.5%, CAC -0.7%.

 

 

big.chart?nosettings=1&symb=UK%3AUKX&uf=

  

 

big.chart?nosettings=1&symb=DX%3ADAX&uf=

 

 

big.chart?nosettings=1&symb=FR%3APX1&uf=

  http://bigcharts.mar...com/default.asp

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Just about noon here in central Europe and ES is down over 10.  Usually when Wall Street starts arriving in their offices around 10 AM, the shorts cover, bringin the fucutures back to near even. Then the real market opens.  

Have a great day. I'm going out to lunch shortly.  

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2 day cycle projection 2503. Nice looking reverse head and shoulders breakout under way measuring to 2530. But the right shoulder was lower than the left. It's doomed.  

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