Oct 31, 2013

Signals

Short term signal: DOWN - it will turn up above 1768
Intermediate term signal: UP - it will turn down bellow 1740
Comment: Bounce from EMA50 on the hourly chart... and sell off in the last hour. Today is the last day of the month and the funds must show nice numbers, that is why not too much selling. Tomorrow I expect EMA50 to be taken out and a red day 10-15 points lower.

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