All week now we’ve been suggesting that Marabuzo support at 1720.6 would be a good place for a buy order. Yesterday this was proved in some style. Just prior to the FOMC announcement we got a 1720 print. Then we … Continue reading
Is Gold getting interesting? We saw a move in Silver yesterday that suggests so… This is a segment of yesterday’s commentary: “Ultimately gold remains within a medium term consolidation in a multi week up trend so buyers will likely appear … Continue reading
Recent Candlesticks suggest Gold may be on the turn, at least temporarily, and momentum studies back up the idea. Let’s dig a bit further. Figure 1: Gold Daily Candlestick Chart – September – November 2010 Figure 1 is a Daily … Continue reading
I have been on CNBC this morning talking about the outlook for the FTSE and Eurostoxx after a big week last week.The link for the interview is on our “Media” page here. The crux of the comment was that the … Continue reading
A few days back we said: “Dips are being bought, the bulls are in charge, and we’re not going to be caught batting against such a solid trend. Oh no!” The market is in a rampant mood now, and put … Continue reading
September 22nd 2010 Gold Futures Commentary for FuturesTechs customers: We got bullish of Gold on August 9th when it broke above 1200. We had 1266.5 as a target from that moment. This target was reached on September 14th, and has … 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
Weekly Roundup, 19th to 23rd October. Last week was a fairly mixed affair, particularly in Equity markets. The FTSE’s range for the week was 5166- 5299, and Friday saw the top end of this retested just before the US Markets … Continue reading
Every week we send out a weekly round up e-mail to our database, and we figured it would probably be useful to post it here as well, so here goes! FuturesTechs Weekly Round up – 19th October. Here is your … Continue reading
One of the features we added when we made the free suite of levels is a collection of moving averages for each market we cover. These complement the pivot points and market profile levels which we had already been providing … Continue reading