The Bulls finally made a push towards our 50.25 resistance and the reaction was as we feared as we shield away to finish the day on the back foot. So the Dow Theory is still in play with another lower peak. We now have to be...
Read MoreFridays spike down was not pleasant if you were looking for the bounce to continue. However, the recovery was impressive and the fact that this is yet another higher trough or dip (See Charles Dow) does mean the short term...
Read MoreWe flagged the fact yesterday that we were at a long term support area going back to August 07. Well the Bulls put in a decentshow yesterday and there is potential for further upside. Our first objective would be Channel...
Read MoreOverviewWe saw a second day of gains for the Bulls and have now taken but all buta whisker of Monday’s losses. If we could keep this going and take out the high from the 28th of November at 4323, we would then be in a...
Read MoreOverviewThe Bund remains as strong as an Ox with no sign of letting up just yet. Our larger chart today is the weekly chart whichshows that we are fast approaching a major resistance level at 124.60. This was the high from the...
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