Indices
Daily Indices Update: Australia200 (AUS200)
Daily Indices Update: Australia200 (AUS200)By Autochartist
By, James A. Hyerczyk After straddling the Autochartist Key Levels support level at 4134.00 for several 30-minute time periods, it looks as if the Australia200 (AUS200) index CFD has finally succumbed to selling pressure and is poised to break sharply. If downside momentum can continue then this index CFD will... |
Daily Indices Update: Japanese 225 (JP225)
Daily Indices Update: Japanese 225 (JP225)By Autochartist
By, James A. Hyerczyk A successful test of slightly below 8378.04 by the Japanese 225 (JP225) index CFD led to the formation of a short-term support base. This helped finish an emerging channel down chart pattern on the 60-minute chart. Autochartist is projecting a possible rally from this low level, but since... |
Daily FTSE Technical Update
Daily FTSE Technical UpdateBy Autochartist
By, James A. Hyerczyk When the FTSE opened, all eyes were probably on a pair of potential support levels at 5353.55 and 5287.86. Tuesday’s weak close put the market in a position to test these two levels early, but it was going to be up to follow-through momentum to actually fuel a break down to... |
Daily Indices Update: United Kingdom...
Daily Indices Update: United Kingdom 100 (UK100)By Autochartist
By, James A. Hyerczyk Following a prolonged move to the downside in terms of price and time, the United Kingdom 100 (UK100) index CFD reached an oversold level, triggering a quick turnaround. The channel down chart pattern that formed on the 30-minute chart with a top at the resistance level at 5470.24 became... |
Daily Indices Update: Australian 200 (AUS200)
Daily Indices Update: Australian 200 (AUS200)By Autochartist
By, James A. Hyerczyk A late session sell-off thrust the Australian 200 (AUS200) through the support level of an almost perfectly drawn descending triangle chart pattern, setting up the index CFD for a potential break into the Autochartist forecast price zone at 4133.22 to 4085.22. The quality of the chart pattern... |
Daily Indices Update: Australia200 (AUS200)
By Autochartist
By, James A. Hyerczyk After straddling the Autochartist Key Levels support level at 4134.00 for several 30-minute time periods, it looks as if the Australia200 (AUS200) index CFD has finally succumbed to selling pressure and is poised to break sharply. If downside momentum can continue then this index CFD will...
Indices News
Daily FTSE Technical Update
By, James A. Hyerczyk Besides the obvious rectangular and triangular patterns keeping the FTSE 100 in check since July, a shorter-term look at the market shows the formation...
Weekly Index Update: US2000
By, James A. Hyerczyk A third lower top near 749.50 helped to form the resistance line of an emerging triangle chart pattern on the US2000 chart. This triggered...
Daily FTSE Technical Update
By, James A. Hyerczyk The evidence is in and it is official, the FTSE is rangebound, but depending on how one looks at it, it is setting up...
Top Indices News
Daily FTSE Technical Update
by, James A. Hyerczyk The FTSE 100 took a breather on Friday after reaching a new high for the year the day before at 6101.42. The inability to...
S&P 500 Futures (SPX) 2011 Technical...
Trading was very volatile in 2010 and especially in the second quarter, where the index formed a bearish correctional wave. Correctional waves are usually very volatile...
Expert Predicting Surge in Biotech Buyouts...
Biotech specialist, venture capitalist, and author, Steven Burrill has published his thoughts on the future of the biotech industry for 2011 as part of the buzz building...
General News
Wolverine Worldwide – Growth & Income
Wolverine Worldwide (WWW) recently reported its fifth consecutive positive earnings surprise on record quarterly revenue. Despite the strong quarter, management reiterated its revenue and EPS guidance for the remainder of...
Bank Stress Test Inconclusive.
The event of the day on Friday was the release of the European bank stress results. The European Banking Authority waited until very late in the day before publishing the results,...
Week Ahead
The Eurozone sovereign debt crisis remains in focus, with Eurozone finance ministers meeting on Sunday to discuss the next steps for Greece. All clear, for the time being. The Greek...
TGIF – Stop the Rally, We Want...
Wow, so much to talk about today. I’m going to skip quickly over poor Dominique Strauss-Kahn who is now, fairly obviously, the victim of a conspiracy to frame him. What’s...
Binary Options Fundamental Anlysis & The Week...
Economic News On the economic front, leading indicators rose more than expected in May to a record high, according to the Conference Board. Meanwhile, consumer sentiment worsened more than expected...
US ISM
The soft patch is over – the US National Manufacturing ISM index for June rose to 55.3 from 53.5 with gains in the production, new orders, and employment indices. This...
The Bank of England
There are certain things in life that we can be sure about...death..taxes and the fact that the Bank will leave rates unchanged on Thursday!! The Bank of England appears certain...
EUR: 6 Hurdles to Overcome Greek Debt...
Why has the rally in the EUR been so lackluster? Because there are a still 4 3 more hurdles to overcome before we can put the Greek debt crisis behind...
Market Sensing Slight Positives
Greece has announced its economic plan to privatize 87 billion Euros of state assets, 50 billion of which is being planned for bailing out the country until 2015 by selling...
Increased Interest Rates Await the Euro Zone
Follow through was seen into today’s European trading session with the euro and other higher yielding currencies receiving a bid. An additional Greek vote on austerity measures will come today...
