Today's interesting charts
Eoin Treacy's view Following such an exciting day, use the "View All Charts" function to scroll through markets of interest to identify tradable signals.
Dow Jones Industrials - finds at least short-term support in the region of 10000 and while some additional follow through is required to indicate a return to demand dominance, the odds have improved that the Index has find support beyond potential for a short-term bounce.
FTSE-100 - finds at least short-term support in the region of the 200-day MA and a sustained move below this week's low near 5070 would be required to question potential for a further relief rally.
Japanese Yen per 1 US Dollar - The Dollar found support near ¥84 this week as the likelihood of a Japanese intervention increased. Here are two quotes from Prime Minister Kan "Volatile movements in the currency market have a negative impact on economic and financial stability," and "We are ready when necessary to take bold measures." While the four-month progression of lower rally highs remains in a place, a sustained move to new lows would be required to question potential for at least some mean reversion.
Topix Index - third upside key day reversal since late May, this time from close to the November low. A sustained move below 800 would be required to question potential for at least a further technical rally.
Oil - rebounding, having found support in the region of $70 and the July low. A sustained move below that level would be required to limit potential for further higher to lateral ranging.
Copper - found support this week in the region of the 200-day MA and rallied to test the range highs near $3.40. A downward dynamic would now be required to question scope for some additional upside.
Tin - moves to a new recovery high and would need to sustain a move below $20000 to question scope for further upside.