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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...
The FTSE 100 bulls managed to push slightly above the 7728 resistance yesterday but couldn't make it stick, dropping back from 7733, and the S&P dropped from the 2759 level after making a new...
The global stock rally on the markets cooled yesterday with the FTSE 100 and Dow Jones sinking as attention shifts to corporate earnings season. The FTSE 100 failed to break above the 7728 level and...
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...