Below is the commentary and chart from the FTSE Futures report sent to our clients this morning prior to the open. We had a look at the “bigger picture” today, and it’s an interesting chart… . The short term charts … Continue reading
Our Natural Gas commentary from this morning highlighted a developing pattern that suggests yesterday’s gains presented a selling opportunity. Here’s a snippet from our report: I’ve added a line to today’s chart which is slightly tentative but may be confirmed … 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
Yesterday saw a rally in morning trade to 143.64, a level I missed as this was the 38.2% retrace of the losses from Thursday’s high. We posted a Shooting Star on the 30 minute chart at this high, then sold … Continue reading
Corn is at historic highs and is sustaining the bid above 800. Below is yesterday’s Weekly outlook from FuturesTechs. We also provide Support and Resistance levels for traders of all approaches and time frames. Our Fibonacci work suggests targets of 843.6, … Continue reading
The month of February was dominated by headlines surrounding the ECB’s second LTRO and further ambiguous rescue plans for Greece. Nevertheless, investment themes impemented in January remained prevalent throughout February with Equity and Commodity markets continuing to trend higher. FuturesTechs … Continue reading
Three charts to show you today: Here is a Weekly showing the gently sloping DOWNTREND LINE that can be placed above the lower highs since the failure/high in October 2007. What this shows is that the recent rise has taken … Continue reading
So goes January, so goes the year, is a phrase often circulated around the market as the big players and fund managers decide how they want to be positioned for the year ahead. January 2012 was an exceptional month distinguished by significant … Continue reading
2012 has started well for equity investors as January has seen gains across the board. A standout performer is the Dax which has gained 10.9% YTD as of the close on the 26th January. Mainstream financial media would have you … Continue reading
One of our services offered to clients is providing trade recommendations in UK equities. After taking a step back from the market last July – October when Risk Reward opportunities weren’t viable given the intraday volatility, our service has resumed and run … Continue reading