$DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN
Commentary: DJIA setting up for a rally? PE
DJIA at 24360.21, +0.012% is stable trading just below 1st resistance at 24500. While that holds, DIA could come off to 23750-23500, but a clear break above 24500 indicates Bullishness medium term.
DAX at 12912.21, -0.28% looks Bullish in here, and could target 13200-13400 medium term. Near term the trend is North.
Nikkei at 22400.50, -0.48% has been ranged for the last 4-5 sessions unable to decide which direction to move, the 1st resistance at 22600. It it tests there and rejected then see 22000 and lower. But, a a clear break above 22600, turns Nikkei Bullish medium term.
Shanghai at 3154.06, -0.24% moved up and may test at 3200 near term. The near term trend is North.
Nifty at 10717.80, +0.021% is trading below 10800, if it is able to break above 10800 that is a positive, but a rejection at 10800 could push in down to 10600-10500 again. On the other hand a clear break above 10800 is Bullish for the weeks ahead.
Latest posts by Paul Ebeling (see all)
- Justify Parades at Santa Anita! - June 23, 2018
- F1: Lewis Hamilton on the Pole for the French Grand Prix - June 23, 2018
- The Humanitarian Hoax of Illegal Immigrant Family Separation at the US Border - June 23, 2018