London, Germany and Russell. Making markets look spooky! 10-8-2014

FTSE seems to break below our post last week with a target of 6000-6100. Another possible support for FTSE is 6450. If it falls below this area, we can confirm that FTSE is going to that direction.

Germany is looking scary as of this moment. The Head and Shoulder pattern is in place and is now the 3rd time to have a base around 9000 level.

A break below 9000 will confirm multiple supports including the HnS pattern with a target of 8000.

Russell is also one of the markets we are looking at. It reached 1076 last night and is looking to break below 2014 support. A fall below have a target of 1000.

DOW,SPX and NASDAQ still is on uptrend but may be looking to follow once these 3 important index confirm something.

This week up to next week will be quite interesting, either we all bounce from these critical levels, or we all break below 2014 lows.