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aussiebear

World Stock Markets Trading Discussion - Unwavering undulations

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All Ords 5-day chart

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

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

 

All Ords dwindled away to finish -0.3%.  Sectors ranged from Telecomms +1.6% down to Miners -2.7%.

Over in Asia, China +0.3%, Hong Kong flat, Japan +0.3%, India closed.

UK/Europe just open: FTSE -0.1%, DAX and CAC flat.

 

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

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

 

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I find it interesting that the opening pops are getting destroyed. 

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Two week uptrend is broken. 5 day trend support on the hourly 2896. Holding so far. 

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1 hour ago, Jorma said:

10 minute bar rule in play. ES 2904 defended.  Should pivot.

 Damn, it looks like a real battle. We saw that Monday too but the longer time frames are looking worse.

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But the battle has been mostly at support. "The more often support is tested, the weaker it becomes." 

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