To "KalkkisPena", enjoy!
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Trend is up, but now there is more downside than upside. |
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Medium-term uptrend broken, currently range-trading. |
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The range up close. Currently near the downside - a move toward upside is now more probable. Notice the teeny-weeny marginal new lows during the range - stopper's paradise! |
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Finally, DAX vs. SPX. Of course, EURUSD has been weak, almost by the same amount as the recent difference between the two series. | | |
Sentiment: A lot of bad news (recession, Spain, Greece, fiscal cliff, politicians that only dick around etc etc.) are currently priced in. Even a small positive could improve the mood.