21/05/2009 technical analysis

17.10 Amsterdam

870-880 level , once this level is strongly broken, I believe the up trend is over and we can look for a pull back.

In the daily chart, I marked the key trends, and the critical support level(876 to be precise). Pay attention to the increase in the volume .

The yellow and red trend lines are broken with limited volume(the day has just started) but the blue support line can still save the situation.

As I mentioned, The MACD(the lowest oscillator at the bottom) already gave the sell signal last week.