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Friday's weakness has continued into today and the bears have got the price below 7000 with a possible run at the 6930 and 6900 support area looming. That may well tie in with the S&P 500 dropping...
The FTSE 100 nearly managed the 7225 resistance level yesterday before selling off and then the Fed drove markets down lower later in the day to a low of 7131 overnight. The bulls have fought back a...
Today's big event is the Fed later and we may well continue to tread water this morning ahead of that at 19:00BST this evening. Interestingly, with the S&P 500 dropping off the 4265 resistance...
For this week, a trade showdown looms as U.S. to meet Group of Seven allies at summit, Asian markets gain after U.S. jobs numbers though trade clouds gather, and rate decisions in Australia and India...
Hope you all enjoyed the sunny bank holiday weekend!The FTSE Futures were pretty sunny yesterday too rising above the 7600 level to test a high of 7630 before dropping back, but all still looks like...
For today I am thinking that bulls will build on the break of the 7398 resistance level and we have the next area of note in play which is 7432. This area should get a reaction, and we may well see a...
Strength in the US markets failed to carry through on to the FTSE 100 yesterday, as it was weighed down by oil companies, WPP (LON:WPP), and also USDGBP (cable) making new highs above the 1.43...
Well that was a very flat day on the FTSE yesterday, despite a rise and dip on the US markets, which rallied after Trump backtracked on attacking Syria, and also hinted at rejoining NAFTA.The FTSE 100...
For today I think we might see the upper resistance level at 7278 again, and there is a chance that we see higher than this towards 7330. The bulls hung on pretty well yesterday with a small drop off...
I mentioned yesterday that above 7220 we were looking at a test of the 7255 area and we have dropped off that overnight following the China driven rise in Asia. The S&P is once again testing the...
A nice start to April with the Dax, FTSE 100 and S&P shorts all making decent points as the markets rallied, then dropped, then rallied again.Crucially the bulls kept the FTSE 100 above the 7000...
Having tested the 7340 resistance level during Monday night, I was expecting to see it retested in hours, especially as the bulls had managed to push past the 7328 resistance level. I did think that...
Well we got the climb across the board as expected yesterday though the FTSE 100 only dipped down to 7260 before climbing for the rest of the day. The S&P managed to push to 2785 by the end of the...
Well we got the rally and then the dip yesterday, though the bulls have certainly found some strength as they managed push through the resistance levels just prior to the dip. As such, its looking...
We got the dividend fuelled rise for most of the day yesterday unfortunately nearing the 7275 resistance area just as we approached the bell so not a good time to short the cash market, hence moving...
The dividend later today may well underpin the bulls for today, but we have a cluster of strong resistance at the 7275 level so a rise to here may well then see a pull back towards the pivot at 7234....
Turned into a bit of a bearish one yesterday with a slow drift down across the board, after the bulls failed to build on the initial strength at the star of the day. The FTSE 100 declined from the...