Here is an excerpt from our FTSE Futures report that was sent to our clients at 6.48 (UK time) this morning. As you can see our trade idea was to sell at 5745 with targets at 5720, 5695 and 5670. … Continue reading
On July 17th Brent gave a buy signal from a “Head and Shoulders bottom” pattern. On that day we finished our commentary thus: 116.65 here we come!!! Since then we’ve seen a rally to 108.18 then a pullback that held … Continue reading
It was interesting stuff as the bulls had a look at the August high before turning tail and letting this drift back a level. The high was exactly at 2849 (we had suggested thinking in terms of a 2842 – … Continue reading
Last week’s big highlight was meant to be the US Employment Report. As it turned out all the action was before this, and the numbers were a bit of a damp squib (like the topical analogy there?). Equity markets have … Continue reading
______________________________________ The first speaker on the Society of Technical Analysts (STA) annual diploma course, at least for the last few years, has been Julian McCree, who always extolls the idea of Market Sentiment, and in particular the Sentiment Cycle, a … Continue reading