19/07/2012

DOW closed up at 12.901.4 Wednesday. Asia opened with a gap on upside.

Asia high has been 12.959. Now trading sideways at 12.955. The important resistance point for Dow is 12.982.4 to keep the sideways weekly trend. 2 hour trend is still up and a test of the R point can com later today.
SP500 and Nasdaq look exactly the same.

DAX is the strongest European index with the 2 hour trend up. Just opened with a small gap on upside at 6.707.22. Next R-point is 6.877.05. 

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