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World Stock Markets Trading Discussion - Hummocky hot bed


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big.chart?nosettings=1&symb=AU%3AXAO&uf=

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

 

 

All Ords rolled into a finish of -0.2%.  Sectors ranged from Energy +2.2%, Gold +1.9% down to Consumer Discretionary/IT -1.5%.

Over in Asia, China -0.8%, Hong Kong +0.3%, Japan -0.5%, India currently -0.1%.

 

 

Doom & gloom in UK/Europe: current readings are FTSE -0.8%, DAX -1.4% and CAC -0.8%.

 

 

FTSE

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http://www.hl.co.uk/...ummary/ftse-100

 

 

 

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

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

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Here we go again. With a credible double bottom in the DOW. You couldn't paint a prettier picture. A little birdy is telling me this might be good for a couple of weeks then later this month that double bottom fails. No matter when, the line in the sand seems to be set.

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Here we go again. With a credible double bottom in the DOW. You couldn't paint a prettier picture. A little birdy is telling me this might be good for a couple of weeks then later this month that double bottom fails. No matter when, the line in the sand seems to be set.

 

Pretty rare for the 200 day to be broken on the first try. Usually takes at least 3 attacks. 

 

Right now the 2 day cycle projection looks 2601-05ish. 

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