Trading Update
25-Sep-13, 9:21am: Europe is seeing a weak start this morning after the S&P 500 closed lower for the fourth consecutive session.

Market sentiment remains weak on the Fed’s reluctance to taper ahead of debt ceiling negotiations.



Update by Ishaq Siddiqi, Market Analyst,
25-Sep-13, 4:06pm:

Dow Jones Looks Overbought



Below, a 2 minute look at the Dow Jones from a technical analysis point of view.

The RSI suggests the US index is overbought and the last time the index gave a similar signal there was a significant reversal.



Update by Brenda Kelly, Senior Market Strategist,