The Group of Twenty Meeting.

The Republic of Korea was honored to chair the Group of Twenty in 2010 between June 4-5, 2010 in Busan.
The G20 was established in 1999, in the wake of the 1997 Asian Financial Crisis, to bring together major advanced and emerging economies to stabilize the global financial market. Since its inception, the G20 has held annual Finance Ministers and Central Bank Governors' Meetings and discussed measures to promote the financial stability of the world and to achieve a sustainable economic growth and development.
The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers.
Members:--Argentina :Australia: Brazil: Canada :China :France :Germany :India :Indonesia :Italy :Japan :Mexico :Russia :Saudi Arabia: South Africa: Republic of Korea: Turkey :United Kingdom :United States of America .
Wednesday Dow is 2 market days to index futures expiry.
China(dragon boat festival) and Hong Kong(tuen ng festival) market closed.
9:30am:--Bearish 40.0 points gap-down.The Producer Price Index for May fell 0.3% month-over-month.
10:30am:--A second low,inverted bulls follow.Housing starts for May dropped 10% month-over-month.
11:30am:--Retracement to fill half body opening gap with slight bearish pullback.
12:30noon:--Opening gap down being fully covered,bears on hand to check the advance.
1:30pm:--Pullback hour near to MAV support line but remain bullish.
2:30pm:--After spiking to the day's high,shooting star sighted.A disappointing outlook from Nokia (NOK 8.79, -1.03)
3:30pm:--Breached MAV support,bullish short covering as seen by the near graveyard doji within the candlestick body.
4:00pm:--An inverted bullish cover at the bull pivot resistance.
Stocks spent the session chopping along listlessly as market participants monitored the euro and digested a large batch of BP headlines and a the latest dose of economic data.
Wednesday's candlestick is a dragonfly doji with a small white bullish body.This is also an indecision doji.The disadvantage is the long lower shadow(pullback zone).The overall June is now a bullish pattern.
The only threatening news now is the dampening sentiment on news that a rescue plan was being prepared for Spain, but the EU and IMF denied the report.