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That was a great reaction on the FTSE 100 at 7265 and the short from there worked well, with a run down almost bang to target at 7206, bouncing at 7206.7 instead. Shame really that it just missed the...
After a very strong January and start to 2018, February has seen somewhat of a change of scene - Friday's sell off was very sharp and the Dow had its worst drop since June 2016 with Asian markets...
The 7475 area provided support yesterday, midway between the 7450 and 7500 levels that were showing as main supports, and remains in tact for today as well.Meanwhile the GBP/USD rate continues to...
The FTSE 100 initial rise stopped at the gap close at 7661 instead of popping just that little bit higher to the resistance level at 7667. It then got the sell off as expected, and dropped down to a...
The FTSE 100 was pretty flat during Mondays session, with just a 20 point range. The 7665 level held (gap from Friday) for a small rally to 7680 but that was about it for the day. The Dax and S&P...
The FTSE 100 decline continued yesterday, bouncing though at 7607, just above the 7598 support area after Donald Trump contradicted the Treasury secretary saying he preferred a strong dollar - which...
The S&P dropped sharply off its 2850 high to 2825, and cable continues to rise as the dollar weakened, now around the 1.42 area. That certainly didn't help the FTSE 100 bulls who have failed to...
Turned into a bit of a choppy day yesterday, the FTSE 100 dropped as expected initially before moving higher again, but the bulls were still unable to break the 7740 resistance level we have had all...
Bull Monday was in effect yesterday, with the S&P leading the charge. We didn't quite drop down to the 2803 support, but bounced at 2803.6 for a decent run up to the 2319 resistance level in...
The US government shutdown has entered its third day today as the Senate fails to end the stalemate. The disruption intensifies efforts by Republicans and Democrats to blame one another for the...
Well the bears have certainly taken the fight to the bulls finally with a drop off the 7793 area, and yesterday we tested the 7684 level (one measly point above the first major support level at...
The FTSE 100 bulls failed to make it past the 7751 resistance yesterday but neither could the bears get it past the 7712 low set earlier in the week. The US was more bullish, with the Dow recapturing...
The bears finally put in an appearance across the board yesterday, with the FTSE 100 retreating from the 7790 level that it has struggled to break all week. The S&P made a new high at 2807 and...
With the US markets closed yesterday the FTSE 100 was fairly flat, with the big news being Carillion (LON:CLLN) going into liquidation with far reaching repercussions for lots of smaller companies....
Friday saw the FTSE 100 hit the 7793 level then drop off a little bit from there. However, the bulls continue to hold all the cards, fuelled by the unrelenting bullishness in the US stock markets. To...
There were a few bears yesterday morning at the 7760 shorting level for a quick run down to 7735, but as is the way the bulls bought it's back up again and the US continued to be bullish too.Oil rose...
That was a great reaction at the 7755 shorting area we entered yesterday, helped by China saying that their officials had recommended halting purchases of U.S. bonds, since denied/branded fake news.We...