SWED close to break on downside. 468 could not be taken and held so a test of 455 came immediately. Since that crucial R was broken it must be taken back soon to keep the up trend going. A close below 434 is very dangerous.

2 hr Thur close. 40 MA has now turned down and crossed by 8 MA. This point, 459 should stop any rally on upside. SWED use to show the way in a downside break of the daily trend for all indexes.