Saturday, 13 November 2010

Markets giving SELL signals

FTSE Bears now have a close below 5802 (10 ema).  FTSE target range next week is 5650-5850.


Sell 5850, Stop 5909.  
Buy 5600, Stop 5544.

Looking at the 30minute charts, All markets gave a SELL signal

Market
Date
Trade
Price
Stop
Target
10ema
ASX
09Nov
SELL
4760
4725
4600
4700
SSEC
12Nov
SELL
3130
3097
2700
3058
HSI
11Nov
SELL
24600
24500
23000
24412
N225
12Nov
SELL
9830
9880
9000
9773
FTSE
10Nov
SELL
5850
5900
5950
5802
Gold
12Nov
SELL
$1390
$1388
$1340
$1382
S&P500
11Nov
SELL
1215
1210
1160
1207

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