sumastardon

sumastardon

Sterling has built a base at 1.20 v US Dollar. It's up against resistance from long term trend line shown on the chart, and therefore vulnerable to selling pressure in the near term. But one day soon it's likely to wriggle free from that upper parallel shown on the chart, giving the second signal that the trend is changing back to positive for Sterling, as per...

sumastardon

Brent Crude: Spot is teetering on brink of a $4 fall with a very negative chart pattern. It's clinging on to the long term trend line from the major lows and once it gives way, probably over the next few hours, it will present a superb short term shorting opportunity.

sumastardon

A mixed bag, so far, in that some indices have broken down and some haven't - Dax and Nikkei on key supports at the intraday lows of today. If either are broken by 10 points or more they are worth shorting. The Nasdaq is holding up on key support, chart to follow, but the Dow and Sand P still look to have quite a lot further to fall. With markets on heightened...

sumastardon

The Dow has recoiled from the upper parallel and is now set to retrace gains by 10% from high

sumastardon

S and P showing the first tentative signs of exhaustion marked by completion target at 2400 being met after the 300 point break-out above 2110. The Trump Bump ain't over yet but it's getting there