The FTSE 100 breaks below the 6,500 points over concerns about the Euro-zone
First of all let me wish to all of you a Happy New Year filled with joy and happiness and many exciting moments that make our lives more special. It has been a while since…
Gurus
S&P update
The S&P 500 (ETF Proxy – AMEX:SPY) bounced right at daily 50 SMA as forecast. The radical spike you see is the result of a “fat fingers” buy for some 200 million which fired right…
The FTSE 100 is so deeply oversold the only viable trade would be to the upside
With the FTSE 100 trading below the 6,250 points at the end of the previous week it seems that we are in a whole new territory now. The decline was steep and fast and the…
The S&P 500 has pulled in rather dramatically
The S&P 500 (ETF Proxy – AMEX:SPY) has pulled in rather dramatically last week, and closed out right near the support offered by the daily 50 SMA. I would expect to see a bounce now…
The S&P 500 remains in this weird holding pattern
The S&P 500 (ETF Proxy – AMEX:SPY) remains in this weird holding pattern that has become the norm recently after a big POMO rally. I would expect to see price drift down to the 20sma…
The FTSE 100 demands a careful approach during the next couple of weeks
The FTSE 100 has settled in a broad sideways formation for the past few weeks, trading between the 6,650 and the 6,750 points levels. This was the aftermath of the previous uptrend that has led…
Bo Yoder 3D Apex Trading US Update
The S&P 500 (ETF Proxy – AMEX:SPY) is just hovering near its highs after the energy from the last central bank intervention burned itself out. I see no real trading opportunities in the index itself,…
The FTSE 100 turns lower and tries to balance above the 6,650 pivot point
In my last note to you last week I explained why I thought the FTSE 100 was due for a correction and what my target price for the end of the week was. Today as…
The FTSE 100 is trading near its extremes as we move closer to the New Year
The FTSE 100 is trading back above the 6,700 points again after a volatile last week that saw the UK index changing direction a few times. We have now witnessed an overextended uptrend during the…
The miss in the NFPs slow down FTSE’s momentum and the focus is now on the Inflation report
The FTSE 100 has found enough support during the previous week to make its way towards its recent highs and actually took a step further and hit the 6,600 points barrier. It seems that the…
