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Friday worked out well with the short managing to pretty much catch the high, though the bulls are still in control and pull backs are shallow.Overnight we have seen the FTSE 100 futures reach a high...

The FTSE 100 managed to push through the 7673 resistance level yesterday, helped by cable dropping off the 136 resistance level and the US bulls displaying a show of force, with the S&P finally...

Lacklustre day for the FTSE 100 yesterday which had a slow decline from the 7690 level to test a low of 7625 before a low key bounce back to 7650. Meanwhile the Dax screamed down 200 points, then...

Happy New Year and I wish you all the best for 2018, and hope you have had a good break.We have started the year strongly. led by regional gains in Asian markets, after the end of 2017 saw a small...

Bit of a flat day yesterday as the FTSE 100 failed to break the 7550 level and dropped down to the 7523 support area late in the day. The bulls didn't do much there though managing a rise to 7535...

The FTSE 100 bulls failed to break above the 7562 resistance yesterday with a drop during the course of the session to the 7530 area. The main news yesterday was that the House passed the tax bill,...

The FTSE 100 certainly got a reaction at the 7542 level yesterday at the fibonacci level we had as resistance with a decent drop down to the 7510 support area, before the bulls brought the price back...

The final full trading week of 2017 is here (though we do end at lunchtime on Friday), and I expect the rally that started on Friday with the 7430 support level holding to continue for a bit longer,...

Markets declined yesterday after Federal Reserve officials followed through on an expected interest rate increase and raised their forecast for economic growth in 2018, even as they stuck with a...

The FTSE 100 couldn't really push past the 7500 level yesterday in what was another flat session, rising from just 7490 to a session high of 7510 before dropping back in the evening as the Brexit bill...

The FTSE continued its rise yesterday and broke through the key 7480 resistance area to test 7500 where we had that fib level. The bulls couldn't push any higher than that, despite the US rising to a...

Bit of a mixed bag yesterday as the markets recovered from their lows, but all three - Dax, S&P, FTSE - dipped below their key support levels for the day. Oil tumbled the most in two months, while...

Well the FTSE was certainly in its own little world yesterday as expected, though the lower support levels held for a few points from the long. However, the bulls never really got going, and indeed...

Friday saw some pretty wild swings with the tax bill finally passing, after markets had declined on more political uncertainty in the US, with Trump/Russia etc still hanging in the air. US markets...

The US tax outcome turbo charged the US markets yesterday with decent rises on both the Dow and S&P, the latter hitting a session high of 2655 and the Dow 24330. The FTSE however, was the polar...

Today I am looking at shorting a possible rally up to the 7411 area and then see if we get a run down to 7352 or lower. Below here the 7336 fib level might hold as support, with 7300 below that. With...