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Showing posts with label FTSE and DAX. Show all posts
Showing posts with label FTSE and DAX. Show all posts

Tuesday, March 16, 2010

Possible tops in the major indices today?






As can be seen on the above charts of the S&P 500, DJI, FTSE 100 and the DAX the time for a top is just right and so is the form, which is more important.

What excuse will we finde in the news for the possible sell-off later today or tomorrow?

Maybe just maybe the FOMC will be more explicit on the "Exit strategies" at todays meeting, being the excuse to sell of stocks.