|Nikkei 225||Neutral||Up||Up (+)|
East Asian markets are generally up, Europe are down. For the US, Nasdaq is up while NYSE is down. Looking at the S&P500 chart, I think that some major movement will be made soon. The daily EMA are converging again, a sign that bulls and bears are of equal strength. This fight should be resolved either this coming week or next one. S&P500 is still trying to break the downtrend line drawn from May 2008 to today. Weekly chart still suggest the break to the upside. But...read my other USD analysis.