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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...

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...

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...

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...

Decent day for the bulls yesterday with the 7715 support area holding well for a push up to the 7790 resistance area once again. Having dropped off that overnight we are now just on 2h support to...

Todays big event is the BoE interest rate decision with a rise to 3.5% expected and highly likely. Traders will also be looking for clues that we may see less aggressive rises going forward,...

Off we go for another week. Interest rates once again to the fore though! The FTSE100 bounced perfectly off the 7505 level on Friday and since then it has held the 7550 level well. Initial support is...

Well that gave the markets a boost as the seasonality continues to play out. Buy the dip still the bias for the moment (since mid October!) and the run in for the end of the year starts now. We should...

Friday saw a rise and dip play out and today we may well see a dip and rise instead. We are into Thanksgiving week in the US (Thursday 24th) and what can traditionally be a bullish week -...

Todays it's the BOE's turn with another rate increase expected and a rise to 3%. Despite the increases so far inflation isn't being tamed (nor will it be while raw material costs continue to...