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S&P 500
5,447.87
(
-0.31%
)
US TECH 100
18,978.00
(
-1.19%
)
Dow Jones
39,411.21
(
0.67%
)
Brent Oil
85.18
(
-0.11%
)
Bitcoin
61,483.76
(
2.03%
)
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techcharter

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techcharter

Re: None

Monday, 12/27/2004 7:14:58 PM

Monday, December 27, 2004 7:14:58 PM

Post# of 51804
German DAX is near the end of an ending diagonal.
Others would call it a bearish wedge.

http://stockcharts.com/def/servlet/SC.web?c=$dax,uu[w,a]dacayyay[dc][pb50!d20,2][vc60][iLp14,3,3!La1...

The US markets are due to correct as well.

The yield on the 10 year notes is causing the upper bollinger band to expand to the upside. Notice how the financial news didn't report a rising interest rate was the "cause" of equity sell-off. Instead, a tsunami was the cause, even though most of the sell-off was late in the day after the tsunami occurred.
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