AORD, ASX200, possibly broke down on its medium term uptrend 12-2-2013

ASX200 (AU index, ^AORD) possibly broke down today on its medium term uptrend since June 2013 rally.

The index is -0.80% as of 1030am SGT 12/2/2013 and broke below the uptrend support at 5300.

We are looking looking another alternative uptrend support form July 2013, which is around 5240. If it hold from this level, we may re confirm the current trend.