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As goes January so goes the year.
Well it may be of some use to take a large snapshot of January
and then divide it into 12 and see how it works out. I think
the idea is general timing of peaks and troughs, not price.Never give up, never surrender.
In December the bulls did not get their target s&p 2150 etc
and could not get it in January.Bears (like me) did not get the January drop that was of
enough size to set the year’s tone either.My Ftse 2015 got blown when we went up and out the top
of 6600, so there !Never give up, never surrender.
Stats say a January where highs are lower and or lows
are lower than December, gives a poor february(which
most times is a bullish month).Now this could play different in the US which is in a
more mature phase of qe. Some say the US leads
and euroland will follow with a time lag.I guess that leaves the Ftse somewhere between the
Dax and Dow. The UK election in May, which will be
a coin toss result, could hang over UK markets.Never give up, never surrender.
Spain to go left a la Greece in this years elections ?
http://www.bbc.co.uk/news/world-europe-31072139
Never give up, never surrender.
interesting, think the UK might go to the left but the candidates aren’t strong enough to take advantage…. the stronger uk economy will make the right look a safer option… will be close for sure!
Nextweek we have BoE on thursday and NFP on friday.
Never give up, never surrender.
The s&p bulls (and that must also include Dow Nas Ftse Dax),
still have a chance even after that lacklustre effort into the
close on friday. But they must come out buying from
the bell on monday.Never give up, never surrender.
Well vs the US rth and euroland ooh lows of friday
the bulls have come out buying, early doors.Never give up, never surrender.
Dax was on a good rally into the numbers, early doors.
The big question is can US rth match US ooh. If it does
then it could match the early Dax action.Ftse a bit 6750-6800 range bound atm.
Never give up, never surrender.
Looks like the US sellers into the friday close
are going to have a gap up, maybe stop jump.If the rally falters then expect buyers stops
to be put under pressure.Never give up, never surrender.
Looks like the US sellers into the friday close
are going to have a gap up, maybe stop jump.
If the rally falters then expect buyers stops<BR>to be put under pressure.Just 25mins into the session and it’s been swing
both ways time. Risky to trade.Never give up, never surrender.
Seems a stupid think to do taking longs off near to lows but I feel more downside is due, so now am net short. Took a hit on the longs. First loss this year so not too bad. Got room to add to shorts if it decides to go higher.
The window to exit Dow longs was small before this drop.
I would think there is support at Dow 17000 and we may
find out later.Never give up, never surrender.
This morning I was trading the Ftse and Dax into
the 08:55 numbers out of euroland and that was
by trading norms not too hard at all.I have not traded since then and will wait and
see where the US closes. Seeing the Dow move
so quick 50pts or 100pts is off putting.Never give up, never surrender.
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