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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