Saturday 17 April 2010
Dax
High volume sell off on the Goldman Sachs lawsuit news,with Vix springing into life,80 years after the 1930 top on April 16.On the Dax we now have 3 tops on the daily chart at the 6300 level that we have been focusing on as possible resistance and have a black candle breaking the 3 day offset moving average,giving a sell signal with stop above Friday's high.The histogram on the macd gave a decisive shift into negative territory.
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