All indexes are moving sideways. There are no special news in the US today. What could move the markets in my view is what EU decides regarding new sanctions against Russia out later today and that the 10 year note chart for YIELD has got at cross on upside after many months.
Technically it still seems like the US indexes are waiting for the 21 MA to come closer to the sideways moving 8 MA. There are very strong computer buying and selling within the ranges from time to time.
Gold is close to start falling more and the EURO is still in a down trend despite recent sideways movements. German 10 year bunds give 0.94 per cent and the US notes 2.45 per cent.
DAX is one index which could start falling today and maybe take other European indexes on downside.
Technically it still seems like the US indexes are waiting for the 21 MA to come closer to the sideways moving 8 MA. There are very strong computer buying and selling within the ranges from time to time.
Gold is close to start falling more and the EURO is still in a down trend despite recent sideways movements. German 10 year bunds give 0.94 per cent and the US notes 2.45 per cent.
DAX is one index which could start falling today and maybe take other European indexes on downside.
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