Monday, September 12, 2011

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For weeks now members of The Technical Report have been watching European and domestic markets make their way lower. The DAX reached its target and is set to go even lower. The FTSE and the CAC are on their way lower, the XJO and the DOW are also in sell off mode.

Download the latest Technical Report here FOR FREE! See what I have been telling subscribers.

The DOW - support is at 9800. The CAC - support is at 2500. The FTSE - support is at 4150.

Many major Australian stocks are making bearish patterns, testing support levels, showing signs of underlying weakness and offering Shorting opportunities. Don't be Long in this market. Don't think yourself smarter than the rest of the market and act like a contrarian. That kind of arrogance always gets punished.

In time we will show subscribers where and when to buy again.