21/12/2012

Boehner abandons fiscal cliff plan as Republicans balk

(Reuters) - Republican lawmakers delivered a stinging rebuke to their leader, House of Representatives Speaker John Boehner, on Thursday when they failed to back an effort designed to extract concessions from President Barack Obama in year-end "fiscal cliff" talks

DOW 2 hr  05:30

DOW fell 305 points at 02:00 within less than one hour after the news but closed in the middle at 13.141. The 2 hour trend is down and S point is at 13.116.6


DOW day 05:30

8 day MA is down but 21 day MA is up.


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