Sunday, July 29, 2012

S&P500 @ new highs for this rally......however

DAX Daily Chart @ close July 27 2012

The NDX100, DAX & $SML are yet to scale the heights of their recent highs, unlike the ascendant S&P500.
Notably the DAX remains under the influence of that Outside Down Reversal day from the previous Friday that signaled the early weakness witnessed this last week.