Money flow still slowing down.
Saturday, February 4, 2012
Friday, February 3, 2012
Thursday, February 2, 2012
Dax trend support 2.2.2012
Only breaking down and closing below 6470 would pause the recent rally, so watch this level.
Wednesday, February 1, 2012
Dax sentiment 1.2.2012
Trending higher
McClellan Summation Index indicates higher levels, but not much.
Dax cycles indicator is already at the level 69%, but still pointing up. Highest level we have seen during the last 4 years is 74%.
McClellan Summation Index indicates higher levels, but not much.
Dax cycles indicator is already at the level 69%, but still pointing up. Highest level we have seen during the last 4 years is 74%.
Dax is still in an uptrend. Only breakdown below 6100 would be bearish in long and mid term. Although, in a longer term perspective 6340-6630 has been importat resistance level and a turning point many times. Thus, we can expect Dax at least to climb above 6600.
US money flow 31.1.2012
During last 15 days, there has been only 2 days with negative money flow, last Tuesday and Friday. The money outflows were quite big and already during last 7 days the money flow is negative.
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