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Indices & Shares
Why Should You Care About The FTSE 100?
The FTSE 100 is one of the top five most traded indices in the world and is arguably the most followed in Europe. The full name is Financial Times-Stock Exchange 100 (commonly known as "footsie 100" or just "Footsie") which harkens back to… Read More
What are Cash Indices and Why Would You Trade Them?
Cash indices allow traders to invest in the current cash value of underlying indices, with tight spreads, attractive leverage and without commission expenses. Unlike the futures derivatives market, cash indices do not have expiry dates and… Read More
FTSE – Continues to trade within a range
FTSE – Continues to trade within a range
Weekly: The index continues to trade in a narrow range between 7486 -7802 and is showing no sign of exiting this range. The weekly candles are posting small bodies which indicates a lack of… Read More
Reversals vs Volatility – Forex – Indices – Metals
In this episode, Richard is following up on his previously posted “Trends And Reversals – Patterns And Correlations” article, in which a spike in volatility was underlined, as a possibility, along with a chance for the Market to commence a… Read More
US Equities Rally As Trump & Juncker Signal “New Phase” In Trade Relations
The political rollercoaster of Donald Trump’s presidency took another wild turn this week as a high-level Washington meeting between Trump and Jean-Claude Juncker, the president of the European Commission saw the pair announcing that they… Read More
Market Flash Crash? Risk-off events?
Risk-off period appears to be making an impact on the charts and on the price action movements.
With the “VIX Spike & US Indices – Bears Territory” article, a scenario out of the ordinary was explained and then backed-up with charts… Read More
FTSE – Completing a Bullish Flag pattern
Further upside is expected although we prefer to set longs at our bespoke support levels at 7660, resulting in improved risk/reward. Expect trading to remain mixed and volatile Read More
Dow Jones (US30) – Breaks the wedge to the downside
Broken out of the wedge formation to the downside. This has a measured move target of 23460. Read More
DAX- Looks to be forming a bearish Head and Shoulders
A full AB=CD corrective formation is located at 13250. With this in mind, we prefer to sell a break of support to trigger our medium term sell trade idea. Read More
FTSE – Medium term prospects are mildly positive
Technical
Monthly: The corrective sequence has found buyers close to the 38.2% Fibonacci retracement. A bullish hammer has been posted and the reaction higher is positive.
Weekly: Multiple weekly trend line support has been… Read More