catracho
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Longer term picture look at the major markets
could be crunch time for the markets..first time in a long time indicators are turning down (MACD), RSI bearish divergences..
next ferw weeks will be interesting.. if we carry on down then the next rally may be one to short..rather than buying the dip - as the case has been since 03
Conversely a break above resistance (v close) would probably herald new all time highs and continuance of bullish move..
could be crunch time for the markets..first time in a long time indicators are turning down (MACD), RSI bearish divergences..
next ferw weeks will be interesting.. if we carry on down then the next rally may be one to short..rather than buying the dip - as the case has been since 03
Conversely a break above resistance (v close) would probably herald new all time highs and continuance of bullish move..