Technical FTSE – Correction should provide fresh opportunity to sell Weekly: A sequence of weekly lower lows and highs has been posted. Levels close to the 61.8% pullback level of 7219 found buyers. A higher correction is expected. We have a 38.2% Fibonacci pullback level of 7480 from 7904 to 7219. Preferred trade is to sell into rallies. ...

2018-09-19 Joe Neighbour Read more

Technical Monthly: Broken out of the channel formation to the downside. This is negative for sentiment and the downtrend has potential to return. A lower correction is expected. We have a 50% Fibonacci pullback level of 11148 from 8695 to 13601. Weekly: The bearish engulfing candle on the weekly chart is negative for sentiment. A beari...

2018-09-13 Joe Neighbour Read more
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 its founding as a joint venture between the Financial Times and London Stock Exchange to track the top 100 ...

2018-09-18 Daniel John Grady Read more
cash indices

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 can be used for both short- and long-term strategies. Popular indices traded include the US30, SPX500, N...

2018-09-05 Orbex Read more

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 direction and indecision. As the summer months are ending we now expect to see a pickup in trading activity. ...

2018-08-29 Joe Neighbour Read more
Reversals vs Volatility

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 reversal sequence. The dollar bulls are showing signs of potential exhaustion, while metals and the EUR ...

2018-08-20 Richard Tataru Read more
forex equities

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 would now work together to resolve differences over trade. This comes just shy of two weeks after Trump labe...

2018-08-03 James Harte Read more

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 and technical analysis. The mentioned scenario reflects a possibility for a volatility spike and a remem...

2018-07-26 Richard Tataru Read more

Weekly: A sequence of weekly higher highs and lows has been posted. Posted a bullish Flag formation. A break of 7677 is needed to confirm the outlook. The formation has a measured move target of 8736. Trading within a Bullish Channel formation Daily: Buying continued from the 38.2% pullback level of 7500. We remain bullish overall and fee...

2018-07-11 Ian Coleman Read more

Monthly: The most important factor in this timeframe is indecision. This can be highlighted by nearly four months of Inside Soldiers or Harami candles (if we close around current levels at the end of June) Weekly:  Posted a Bearish Outside Week (week 29th January). This is often an indication that a top is in place. The indecision highlig...

2018-06-21 Ian Coleman Read more