Wednesday, January 18, 2006

61.8% - why are markets seeing sell side pressure

Look at this group of charts, London and American markets have retested their 61.8% retracements. This is a major technical area for the markets. The French markets also came within a few hundred points of this milestone. Now look at Japan, they call the bear market over, far from it. Japan is a mess.

France- CAC40


Japan - N225
America - SPX
London - FTSE
West

0 Comments:

Post a Comment

<< Home