27/09/2012

DOW hourly trends are up but the index has lots of resistance points on upside.

DOW one and two hour trends are up, currently at 13.482, holding between the falling daily 8 day MA and rising 21 day MA where the range is 13.336 - 13.529.
DOW has many R points on the upside with the most important at 13.501.5.

DAX looks more or less the same as DOW.
SP500 is holding just above the rising 21 day MA with small movements so far.
FTSE is below the 21 day MA with small movements


There will be a lot of US news at CET 14:30 that can move the markets.

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