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Wednesday, 07/28/2004 7:01:00 AM

Wednesday, July 28, 2004 7:01:00 AM

Post# of 51804
The DAX and FTSE look like they are near the end of a running flat. The DOW and NASDAQ should advanced a little more today to complete their flats.

The world markets are split on the 50 day moving average crossing the 200 dma. Toronto, DAX, Nikkei, and CAC40 have their 50 dma above the 200 dma. The NAZ, HangSeng FTSE, and DOW have the 50 dma crossing below the 200 dma. There is a lot of weakness in the major world markets.

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