We should see the (Death Cross) 50-days MA Cross over 200-days MA happen next week and the last time i saw this happen is in march 2008. Volume for the last three week remain low, seems like most of the investor still remain sideline due to uncertainty in Europe and U.S. If the price break below the support trend line, i would expect it to plunge 100 points and the target for this pattern projection will be 1350.
The German index DAX is trading in a down trend channel.
The Shanghai stock exchange is trading in sideway.
