Monday, May 7, 2012

Pre Opening glance at Europe


Things appeared to be falling apart quickly over in Europe as most of their major indices had  a very weak opening. But 30minutes before the US market open many have recovered nicely with Spain, Italy, and France all in the green!

If the DAX can get in the green (now -0.50%) it would be very impressive, although still technically damaging. Watch for strength/weakness into the close to get a gauge on the remainder of trading here.

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