US report 9th November 2007 part 2


US markets following the higher timeframe weakness down into the end of the trading week.

Price didn't rise high enough on Friday to pick another short from the 5-day 50% levels

Weakness confirmed with the break of the intra-day support and heading down into 5-day extremes.

Whilst both markets are trading below both pivots (yellow) Friday's intra-day trend is down..