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A late afternoon push from the bulls yesterday ahead of the Easter weekend (markets closed Friday and Monday don't forget!) which saw the FTSE100 pull away from the 7900 level and bring 8000 into play...
That was a good bounce off the 7485 yesterday but the bears were slow to react at the 7535 level, at least initially. Overnight we have slid further off that though and are just below the key 7500...
A couple of tests of that key 7525ish area yesterday that we were keeping an eye on, and the bulls failed to break above it. That is the short term line in the sand, with 7550 remaining as resistance...
And another new month already as September seems to have flown by. We should get an initial kick up as the new month money flows in, and a rise to retest the 7650 level looks like it will play out...
Not a good sign for the bulls yesterday as the FTSE 100 declined, though of course we are at the mid point of the month which is usually the most bearish point of September. We usually decline for the...
Was a great bounce on Friday from the 7405 support level and the bulls have started the week with the upper hand. We are just on the 7500 resistance to start with so we may well see a dip and rise...
Well, the bulls are starting the week on the back foot as the aggressive selling last week has seen a near 400-point drop. Initially, we have a bit of support to start with at the 7250 level as we...
Decent reaction at the 7625 short order level yesterday and the bears have managed to drop it off back below the 7600 level. A result of which we now have the red 30m coral resistance at 7599 and 7593...
The FTSE 100 closed Tuesday 0.12pc higher at 7,282.52, while the FTSE 250 midcap index ended up 0.62pc at 18,140.09. The bulls are definitely fighting back a bit now, and a move through the 7325 area...
So today it's the BoE and the possibility of a rate increase by as much as 0.5% to try to temper the persistently high inflation in the UK. While it's falling in the Eurozone and the US, it's...
Decent bounce in the end on the FTSE100 & S&P500 yesterday with the 4265 long working well on the latter. The FTSE100 decided to go a bit lower to test the 7555 level, but having now got firmly...
The bears were a bit slow to get going off the 7640 resistance level yesterday and that area remains the line in the sand for the moment. We may well see a bit of a bear Tuesday kick in today as...
A decent performance from the bears yesterdays taking it down from the 7760 to the 7708 target level, whereupon we have seen a bounce. Helped of course by the rise on the S&P500 as a debt ceiling...
Good day yesterday for the bulls and the bears, with the S&P500 poised for a breakout and a push towards the 4175 level today. It held the 30m 200ema well at 4128 in the end, and if the bulls can...
Just a 50 odd point range in play yesterday but the dip and rise played out but with yet another test of the 7900 level. The bulls failed to push past the 7950 level really which keeps the 7990 level...
With the FTSE100 passing the 7940 level then then next level of note is at 7990 - now so close to the 8000! As you know we have the US CPI news out today at 1330 with both the core and YoY expected to...
The bears had a go off the 7835 resistance level yesterday, managing to just pop below the 7800 before the bulls fought back once again. As such that keeps alive the prospect of a rise towards the...