XAO - Renko Chart, Week ended 19/2/2010

Warning signs for long-term investors on the Renko Chart of the XAO (weekly):

• First Red Block since Bull Rally began in March09
• Uptrend broken to down side
• Reversal at the 40-Week Moving Average
• Weekly Slow Stochastic has broken below its signal line.

Look for confirmation of trend reversal:

• Break by Slow Stochastic below 80
• Switch by PSAR dots from below the chart blocks to above the chart blocks.

Cheers

Red