Dow Global has behaved in the most bearish manner possible so far this week. Hold onto your hats if 2638 gives way on this index. Just sayin...there's a big bell ringing
Nasdaq update...it's way overshot on upside due to FB strength continuing...but it's getting tired now
FTSE 100 It's no more than a speculative buy right now, but there are 3 ways of trading this tomorrow. If you stay on your toes this index can make you a lot of money. Don't be put off by it just because it's not made in USA. It behaves just the same as S and P....this is a long shot followed by a short.
This index has already broken down and is hanging on for dear life. It ain't gonna work though. Once 20400 gives way it's a major sell back to 19950
VIX INDEX should see some action about one and half hours into today's session - get ready to buy
GBP EUR The breakout hasn't happened yet and will probably be a while in coming but when it does there's a straight 12 EU drop in store for the Euro. This should be a great trade when triggered, as per comment - set up an alert and bide your time - this trade will come to you - eventually
GBP USD Still neutral, creating an interesting space for day traders during the election process
Nasadq is back in the buy zone right now ahead of a sell about 1 to 2 hiurs into open. It will be higher still when you guys wake up as it will gey=t bought in Europe...FTSE a buy too with stop under 7090 because if that number breaks FTSE is massive short, again! In short term markets will rally though...it's tomorrow after 10.30am NY time that's the time to...
S and P has come off to make a double bottom and is a short term buy again - but probably only into the first 1 to 2 hours of the open on the back of a Facebook buying on open. The index has been artificially held up for the last two days by FB strength. Even if you have no damn interest in FB per se, you still need to know that all outcomes on Nasdaq and then the...
Facebook is approaching the highs and as it's the one stock that's been holding up all markets for the last couple of days, once we lose that helpful impetus and it turns against us be careful if you are still long. This analysis takes a while to consider and write and for no benefit other than trying to help others from getting flayed alive...firstly if this is...
Nasadq and S and P has again benefitted from FB buyers appearing on open. But that boost is over so markets will struggle for traction...dull so far, but looking to short from 5435 if we see it, but stops need to be as high as 5450 in this case, above the long term trend line that should stop any rally dead in its tracks. This index is still unstable (it only...
S and P neutral/mildly positive. Wait for break above 2350 to go long though
FTSE is sticking at 7149 so am closing out long for meagre 12 point gain...and going short again at 7147 with a stop at 7152...but ready to go long for 35 points up to 7188 if 7153 is hit and then short again with stop above 7195
Sterling is now caught in a tight range between resistance at 1.2930 and support at 1.2770. A break below 1.2760 should bring Sterling back down to 1.2600-1.2580 at lowest before it rallies again. On updise we need to see 1.2940 broken to trigger next long trade up to new target at 1.3450.
FTSE 100 - lacklustre rally so far...key levels for tomorrow. Looking beyond a short term rally back up to 7190 at best tomorrow this index is expected to fall further...you can set a sell order at 7188 with a stop 10 points higher and there's a high chance you'll wake up in profit if it gets struck...
FTSE is back to being a buy as per last comment
S and P 500 is holding up well today so far but still faces selling pressure whilst unable to breach and hold above 2350 on the upside
Facebook's technical display yesterday blew all bears clean out of the water and has contributed in large part to Nasdaq and Sand P holding up too - but it's just about reached as high as it should go for today