Is the FTSE pricing in the post election Blues? Since the FTSE is mainly biased towards overseas' earnings one could consider FTSE 250 short? I think this is where the FTSE 100 may stall for a while at least. The huge monthly DSRI line at 5110 could offer some support too.
Messy looking week that hinges on what the Eq's do I think. Looks like FTSE has already topped out and a new down trend has begun. Will the US follow? Sell in May..... ;)
Another week of IB's and indecision! Will have to wait and see if the Goldmans SEC suing adds further bear weight to Eq's on Mon. Bearish Dark Cloud Cover on some Commod pairs.
Mixed bag really this week - nothing too inspiring - markets seem to be in equilibrium.
26 Mar 2010
Could this be the top for EQs??
21 Mar 2010
Weekly Analysis - looks like USD could rally off some key levels. I also like CADYEN short if the textbook daily Shooting Star low is activated. Euro and Sterling look short again.
17 Mar 2010
13 Mar 2010
This week's analysis - could things now be on the move with EurUsd and UsdChf looking like they have broken free of the recent range?Plenty of daily hammers and shooting stars about too so we could see some major trend reversals - does Forex lead the EQs? All will be revealed!
11 Mar 2010
S&P Double top? Or will Dr Joe have his day - it keeps going up!! Cable is still looking bullish too.
10 Mar 2010
Cable Long anyone - risky and counter trend but has cable shorting been over done?
Benway - you'll be filling up your wellies on this one!
7 Mar 2010
Weekly Analysis for 8 March. Odd week with mixed messages. Will the EQs double top or will they carry on up? They are leading the Forex pairs like AUDUSD and CADYEN etc