S&P 500 trade finally breaks out to a new all-time high
My S&P 500 trade (ETF Proxy – AMEX:SPY) finally broke out to a new all-time high and in doing so triggered my stop loss orders. This breakout has occurred due to political events and is…
My S&P 500 trade (ETF Proxy – AMEX:SPY) finally broke out to a new all-time high and in doing so triggered my stop loss orders. This breakout has occurred due to political events and is…
My S&P 500 trade (ETF Proxy – AMEX:SPY) is challenging the upper reaches of the red zone as I wait for resistance to manifest itself. If the highs of this area (Near $192.50) are broken,…
Following last week’s comments regarding the Euro, it’s worth looking in on due to the continued sell-off since posting that key reversal day. It’s closing in on the 200dma that we discussed last week so…
The FTSE 100 was on the rise during the current week and the main index has gained almost 100 points since the last time we discussed its outlook to come to striking distance from the…
The dip buying I advised in the FTSE worked out well so far. This is where the markets get very unpredictable. I guess with Draghi’s comment regarding a rate move has only fuelled the fire…
The head and shoulders pattern in the main market index for the US stock market…The S&P 500. (ETF Proxy – AMEX:SPY) continues to unfold. Price is just hacking and gasping sideways, and…
They’re spilling the beans in Guaruja, Brazil…. My caffeinous indulgences have to be tamed. My enthusiastic expectations have had a setback since the rains came and the smart ‘knowing’ money took profits in the last…
This week has been a smooth one for the FTSE 100 that has shown some amazing resilience recently. With the bank holiday last Monday the UK index had one less session to try and reach…
All eyes were on the ECB press conference yesterday to see what Mario Draghi had to say and it was during the Q&A that he indicated measures could be taken in June. If they start…
Despite the frankly disastrous GDP data from the US, the indices and in particular the FTSE remains bullish. It seems almost inevitable that the UK’s main indices will make new highs and hit the 7000…