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US Indices

16 Apr 2015 ‚óŹ 07:15 AM

The US Indices are at a critical level. The Dow Jones and S&P are kissing this falling trendline for the trading range of the last 2 months. So a top here would mark the pattern as complete. 

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Other indices like the NYSE Composite have complete what looks like an ending diagonal touching the upper trendline as well. This puts us at important levels and unless these levels are crossed we should be looking for a top. 

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The Dow transports remains at the lower end of the range, waiting for a sign of extending down.

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