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I am seeing another rise and dip (though hopefully a bit more of a dip this time) again today. Have some key resistance levels at 7508 and 7520 so am thinking that a rise to this area as we bounce off...
We are still sitting at the 7441 resistance level from yesterday and I am expecting a bit of a dip down today. Bear Tuesday after all! The ASX 200 had a sharp fall overnight, even though they left...
FTSEWe ended September pretty strongly, with that bullish Friday as expected. Didn't even dip down to 7320 though, just straight out the blocks! Overnight we have popped above the 7400 level but...
It's a Friday which can be a bit weird, and the last trading day of the month, which can be a bit bearish. However, I am thinking that we will also end the month strongly following Asia's lead and...
FTSEFor today I think we might get an initial move up, but I am positioning for a bear Tuesday by shorting at the resistance level at 7335. I have put in the trade plan two shorts - you can either...
The main news over the weekend was of course the German election, with Merkel winning her fourth term, albeit with a smaller share of the vote. In echoes of the results in the UK, the previous...
FTSEFor today I am thinking that we will get a dip and rise, probably hitting the support area around 7230/7240 and then another try to break the 7300 level. The UK market will be looking to work out...
FTSEI have gone for an initial rise with the plan today, testing the 7298 resistance level, but this is dependant on the bulls being able to break above the 7267 resistance level. We have dropped off...
The main focus today will be the rate news and if the US can push higher again later to actually test the 2500 level on the S&P. It's so close you would think that the bulls will want to grab...
FTSEFor today I am thinking a quick rise at the bell to above 7400 (it hasn't sold off majorly overnight) and then a bit of a dip down from there. The bulls have failed to hold above 7400 and break...
FTSEI am expecting a rise and dip today, encountering resistance around the 7465 level where we have a fib level and also R2 for today. The bulls struggled to break the 7440 level yesterday but we...
FTSEWell, it looks like we are on track for a bull Monday yet again, with a strong showing from the futures prices and a move above 7400. As mentioned above the bulls will need to break the 7440/7455...
With the strength yesterday the 2 hour chart has gone bullish and is showing support at 7365. We also have S1 at 7360 today so I am thinking that a long around here is worth a go for a run to test...
FTSEIt's very much risk off at the moment, however there is decent support at the 7300 level as we have climbed from there a few times. Should 7296 break though then there is likely to be further...
FTSE 100For the last day of the month I am expecting a rise and dip day, with the dip down due to some month end profit taking later on today. After a very flat day yesterday the various support and...
For today I am thinking that the bulls will challenge for the 7400 level and be keen to break above this. The Dax has managed to push above 12k again, and with 7300 holding yesterday the bulls have a...
I mentioned 7330 as a support level in yesterday's very brief email and it was tested as news broke that North Korea has rattled the cage again. This time test firing a missile that flew over...