Technical Analysis for November 24, 2014

SPX has break over 2060 next target will be 2100 but a lower leg to 2040 will send SPX back into the 2030-2050 trading range. A lower leg under 2030 will target 2025 next. The trend still uptrend in SPX.

 

Dow Jones has broker over 17800 level and has been trading around that level. Currently Dow Jones will target 18000 next and a rebounce to 17500 will bring back to sideways around 17300-17600. A break to lower level around 17300 will target 17150 next.  A long term trend will keep holding on here, bullish.

 

FDAX has reached 9700 and will target 9900 next.  A break lower under 9150 will attempts 9000 level next and a break to 9400 level will bring FDAX into 9200-9450 trading range.

 

FTSE has 6700 line and stayed in 6730 level. The next target will be 6800 and a break lower under 6640 will target 6600 next. Long term bullish trend still intact.

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