December 12, 2013

US markets

DOW JONES forms a lower swing high at 16050. Break and close below recent swing low at 15800 can lead to start of a bigger correction. Note support at 15800.

RSI is at 50... a support area.




The S&P500 is traded rangebound with support at 1775. Close below can lead to trend reversal.

RSI is at 50... a support area.


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