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FTSE For today I expect that the bulls will continue yesterday's rise initially as now that 7385 has broken, and they managed to close above 7405, it opens up the realistic possibility for the next...
The market shook off that email revelation pretty easily proving that they don't want the markets too dip too far. The bears capitalised on the release of the emails initially but the bulls fought...
It took a while to get going but the 7350 long finally made it up to 7380 for a nice gain. The bears took it down again from there at the end of the day, and the 7380 area really is being a stubborn...
News out of the G20 was that Trump and May were looking ahead to a “very good” trade deal between the US and UK, which should help with a usual bull Monday today. Futures are up already,...
It's NFP news today so its always a tricky day to call. The consensus is that employers added 175000 workers during June, and wage growth is expected to have strengthened, which will show a solid...
That was a great Dax trade yesterday managing to catch the low and get a good ride up to nearly the 12500 level. The SP managed some points but struggled for the bulls, but having declined did mange a...
With the US closed yesterday for Independence Day, the FTSE ended up repeating, pretty much exactly, Monday's action with a slow rise to 7380 then a quick sell off at the end of the day. Overnight it...
Well we got the slow steady rise to the 7385 area as expected, hitting the resistance about half 3. The short there at 7380 worked well for a 20 point drop, and still running now. The ASX 200 had a...
June ended on a fairly bearish tone as the FTSE 100 fell from the 7370 level to dip just below 7300 before closing around there. After the bell there was a bit of buying to try and pull away from the...
FTSE For today I am looking at resistance at 7385 where we have the Hull moving average on the 2 hour chart. This is looking decidedly bearish now after that drop yesterday, though has in fact been...
The picture is still bearish overall with resistance at 7480 with the daily channels, and the 7460 area with the daily moving average. The slide from the 7465 area is still going, so if the bears can...
FTSE Today I am looking at resistance at the top of the daily Bianca channels at the 7490 area and support from the 2 hour at 7430. However, I think that there is a strong chance of further weakness...
Last week ended with 7400 holding as support and the bulls putting in a bit of an appearance to close at the top of the range we had for Friday, at 7430. This area and 7445 in particular level looks...
FTSE For today I am watching the 7460/7470 area as we have a few fairly key looking resistance levels here, including the new one on the daily now that the moving averages have crossed over. Coupled...
The 7420 level provided good support and the long managed to run to virtually 7470 before faltering. Overnight the FTSE has stayed up well, with it back to 7460 this morning. The bulls will need to...
For today I am looking at resistance at the 7485 to 7500 level as we have a cluster of items in that region such as the 30 min coral, daily pivot, 200 ema on the 30 min and the 2 hour chart has...
Getting quite boring now hearing about voting and politics! May is fighting for survival this week, not just in keeping the Conservatives (with a possible DUP alliance) as the government but also her...