15/06/2012

DOW trend still up together with most main indexes today.

All indexes are still following the Dow and the daily trends are still up. Dow is evidently trying to get the weekly close above the very important closing R point at 12.714. The weekly high at 12.755 has not been taken intraday yet and the 2 hour trend is losing momentum on upside. I see the weekly close at CET 22.00 as very important to make a credible forecast for next week.

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