Technical Analysis

The Dow still holds trades below the resistance of 40915 which keeps the chance for another drop wave toward the 37500-800 zone. Above 40915 more advance toward 41200 and 41800 could hit the market. SUPPORT RESISTANCE LEVEL1…
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The DAX(GER40) hitting a higher high The DAX(GER40) continues higher as sentiment remains upbeat across the European markets. A move above 22000 indicates an acceleration to the upside. Following a brief consolidation, bulls are now…
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FTSE (UK100) tests key resistance The FTSE (UK100) continues its sideways movement after failing to close above 8500. On the chart, after hitting a bottom at 8380, the rebound is lifting the index back towards its previous peak. A…
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Gold dropped after the market opened today as mixed signals still affecting the market. As we see from the Intraday chart, the market still faces a continued trading zone between support 3260-70 and resistance 3330-35. Above 3335,…
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