Markets Flat At Lunch Time

It's around 12.30pm Monday lunch time and the markets are flat.

Just checked the FTSE, DAX, DOW,S&P and nothing much going on in the 5 min charts.

Loking at the daily charts price does seem to be at the resistance on some charts and there is some patterns that maybe broke later on.

As it Monday and many trders will just be starting back after the holiday period the markets maybe a bit slow. Theres not a lot of volume or momentum going on and this is why price is flat.

At the time of writing this the FTSE is at 4535 Wall Street 8950 and S&P 924.

I also have one eye on RIO TINTO which also seems a bit flat at 1717. But on the daily chart it has broke resistance.