[sharetrading] US & UK

 

Both these day charts are far from signaling an end to the down slide. It all depends if 4900 on UK and 9800 will hold or not. Present action is a sideways mode with a slow rise and a fast crash. Though a trigger signal appeared that the pain could be ending but same has been negated.

Today also mkt will close down and open tomorrow positive. How long this will continue is till all TF charts come at same time to positiveness or the lower support gets broken.

Presently US has to cross 10K, for sanity to return….

Abe

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