Friday, 4 October 2013

Australia and Japan join UK and USA on Weekly Sell

STOCK MARKETS
Australia and Japan markets signaled a SELL last week.

The FTSE, N225, Gold and Oil are all trading below their 50ema.

Look for SP500 to trade 1650-1690 and FTSE 6300-6500 this week


GOLD $1310
It took Gold 6 months from Nov 2010 to April 2011 to break above $1450.
Trade range $1250-1325 next week.

OIL $103.8
Trade range $100-104 next week.

Sector
High
Low 		Weekly Price When 50ema
 UK FTSE 65136386 Sell 6532 27 Sep 6533
USA SP500 1696 1670 Sell 1665 27 Sep 1680
DAX 8692 8547 Buy 8246 13 Sep 8422
China HSI 23241 22845 Buy 22116 06 Sep 22434
India BSE 20052 19265 Buy 18728 06 Sep 19258
Japan NIK 14643 13944 Sell 14410
04 Oct		 14035
AORD 5302 5196 Sell 5213 04 Oct 5150
GOLD 1343 1277 Sell 1400 06 Sep 1345
Oil 104.4 101.1 Sell 107 20 Sep 105.9
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1 comment:

  1. Iominvest.com5 October 2013 at 05:38

    Hi Newsparky, Like comments & site.

    On FTSE do you only see 6300 as the floor or would 6,200 look more supportive.

    ReplyDelete

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