FTSE, DAX, DOW Trading Ideas and discussions

Jason Levitt saying that the last 2 rallies failed to print higher levels on market breadth indecators...some deterioration happening
 
Coca-Cola jumped more than 1 percent after reporting an adjusted 48 cents per share for the first quarter, six cents above estimates, with revenue also above forecasts
 
McDonald's spiked more than 3 percent in early trade as investors cheered a turnaround plan expected on May 4. However, the fast food chain's earnings missed on both the top and bottom lines
 
In an encouraging sign that the housing market is picking up, total mortgage application volume rose 2.3 percent week to week on a seasonally adjusted basis for the week ending April 17th, according to the Mortgage Bankers Association (MBA).
 

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DOW turning bit bullish... break out of double bottom can place DOW well above 18100
 

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or may just be rising wedge formation before big plunge...
 

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DAX is in consolidation mode... 12000 and 11800 are the levels both side to watch....
 

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