Fundamentals The National Health Service The NHS is under a vast amount of pressure due to the lack of funding by the UK government. Last year, British authorities funded the NHS of a total of £700M but unfortunately the bailouts to help the NHS cope with winter pressures have not reached front line services in some parts of the country, Britain’s top emergency...
Technicals The first red support line has been breached as the DOW managed to close beneath it (Red Circle). As you can see the Stop Loss is just above previous shadows which is only around 70 points compared to a profit margin of around 550 points a good 8:1 ratio in earnings:loss. Also according to the Stochastic s, the bear market triggered once it closed...
Here are the things that drove the market down. Japanese Election 14 Dec Fed Interest Announcement Technical indicating markets being overbought As you can see, the technical are above the below the danger zone of overbought and have just passed the danger zone of oversold (Shorter Term charts like 4 Hours) Why I believe the market rallying from now (Technical...
I like seeing the stock market like a women at a bar. She can constantly give you signs, expressing her interest. If she keeps doing the same thing over and over while she knows your watching, then your bound to know what she'll do next because she's simply trying to catch your attention. You need to go up to and take action! Same goes here, your always watching...
Those looking to make a profit before the next sell off can go long on the DOW till around 16898 which is my short term target before the market continues its downtrend (Depending on where it closes obviously). If it closes below the next target level the its an indicator of a continued downtrend, however f it closes above the 16898 target zone then its an...
Depending on where the market closes, I'm looking to go long on this position at least until the 1988 previous level resistance. If the market, however closes above that level then I'm looking to go further for new all time highs. The market needs to close either above (Long) or below (Short) the trend line to finalize my decision. In most cases, as I've seen...