Friday, 8 January 2010

FTSE/DAX/S&P Analysis


Today was another swing about day with the FTSE falling all morning, then down further when the non farm payroll came out in the US before rebounding back to the area where it opened at 8am. Same story for the Dax.

S&P gapped down on the non farm payroll report before slowly eeking back up all day before a last hour rally took it to a new high. S&P and Dow are now sitting on the top of the ending diagonal trend line.

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