Up,down or sideways? Review the charts for any clues that may help you with your own research. Thinking for yourself can be a pleasure and developing and applying strategic stock market research skills could give you the edge...

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Sunday, March 18, 2007

BUCKLE UP...

(Click charts to enlarge)


DJ UK Titan 50 Index.
Potential bear flag...


DJ World ex America's Index.
Potential diamond top formation...


DJ World ex Asia Index.
Potential diamond top formation...


DJ France Titans 30 Index.
Potential diamond top formation or potential bear flag...


DJ Germany Titans 30 Index.
Potential diamond top formation or potential bear flag...


DJ South Africa Titans 30 Index.
Potential bear flag...


DJ Sweden Titans 30 Index...
Broke from a rising wedge formation...


DJ Spain Titans 30 Index.
Potential head & shoulders formation...


Last week it looked like there was a chance the indexes would breakout to the upside.
However comments from Alan Greenspan (Greenspan: Subprime risk may spread) and higher inflation data quickly curbed the two day advance...


Downside risk appears high...
One caveat is that the above world charts are all using a weekly time frame.
Therefore the potential diamond pattern's could take a few weeks to play out but a daily high impact sell off can happen at anytime......

Charts and comments are NEVER INTENDED AS ADVICE...

Good luck trading...

00K


The email address is provided only as a courtesy to those readers who want to express their comments...

EMAIL- hotspotcharting-ook@yahoo.com