Recent content by InterMarket-Analysis

TA update TA update

DAX 30: keep an eye on this IHS formation if Draghi sounds dovish this week ?

FTSE 100: North Korea concerns to test 7300 support Will the S&P 500 hold 2420 and will the FTSE 100 hold key support at 7300 post Bannon departure?* Asian markets mixed overnight as Nikkei lower vs China higher.*

DAX 30: Trading Plan for 14/08/17 Lets see if we gap down due to Nazi racist riots in Charlottesville? I remain bullish on Dax 30 going into monday's trading provided the EUR/USD pulls back < 1.18 *and German bunds hold resistance. 10 mins chart support seen at 11930. 60 mins chart has...

FTSE 100: Trading Plan for 14/08/17 FTSE 100 will be looking to hold support at 7300, *but we have major political uncertainty and risk off given the nazi racist riots in charlottesville, USA. "Trump said "many sides" were involved, drawing fire from across the political spectrum for not...

FTSE 100 will be adjusted for dividends = 41 points. I am maintaining my bearish bias on FTSE 100 going into tomorrow given geo political concerns dominating via North Korea. A raft of economic data is out of the UK tomorrow so expect some volatility especially in GBP/USD. resistance zones ...

Watch out for the 2 unfilled gaps below given its FOMC day, the perfect catalyst to close the gaps at 2470 and 2460. Daily chart registers a doji candle indicating exhaustion/potential reversal. 10 mins double top resistance at 2481 is the zone to watch, if we surpass it then the bulls are...

US and Asian equities close higher overnight , FTSE 100 expected to open flat as we digest earnings news. *Stronger earnings from EU automakers should help reverse the decline after the recent round of weakness in the sector. GBP/USD and EUR/USD are lower overnight as the Dollar catches a bid...

FTSE 100: Trading Plan for Monday 24/07/17 FTSE 100 initially pushed higher on friday led by Vodafone as surpassed 7500 only to reverse sharply and close the gap below at 7430 zone. *Th daily chart has now held resistance at key diagonal trendline which corresponds with Fib 75% resistance, so...

DAX 30: Trading Plan for 13/07/17 "Aside from the post-Macron first-round-win in April,*stocks across Europe surged to their best day since last September today,*surging higher after Yellen's dovish comments, presumably due to the market's belief that as goes The Fed, so goes the rest of the...

FTSE 100: Trading Plan for 13/07/17 FTSE 100 was helped by dovish comments from BOE Broadbent and stronger employment data. This allowed the index to break through 7385 resistance and hit next resistance at 7440. Brent crude has found resistance at $48.8 *with sterling finding support at...

S&P 500: Trading plan for 03/07/17 S&P 500 is expected to gap up to 2435 , +12 handles from fridays close. The move higher in oil and Asia led by stronger Chinese data has helped risk sentiment but concerns over Trumps tweets, Qatar crisis , North Korea and hawkish central banks will weigh...

FTSE 100: Trading Plan for 03/07/17 FTSE 100 continues to be suppressed by Brexit uncertainty, *GBP/USD strength > 1.30 on hawkish Carney and weaker disposable income given consumer confidence fell to a record low. "She's taken some absolutist positions on particular issues. I'm thinking of...

S&P 500 TA update S&P 500 TA update

FTSE 100: Trading Plan for 27/06/17 The index gapped higher this morning led by a rally in Oil, a deal with the DUP and conservatives albeit controversial & Italian banks being rescued again . Stronger German IFO also helped lift sentiment *The rally was capped at 7480 as concerns started to...