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Posted by on in Equity Index Chart Updates

A surge still higher, and again, another day and yet another new record high, through 12000 to hit the 12155 Fibo extension level.

This has reinforced the surge higher last Wednesday through Fibo extension level 11760, the bullish outside pattern Friday from ahead of modest support at 11403/380 and leaves upside pressures through mid-March.

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Posted by on in Equity Index Chart Updates

European benchmark recovery theme and bull pressures to resurface

·         A further dip to nudge through the trend line support from mid-August (3235), but the subsequent bounce as expected, signal a resurfacing of bull risks for this week and through mid-month.

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Posted by on in Fixed Income Chart Updates

Bund future bias above 151.09 for 151.18 and targets at 151.36, maybe 151.76

·         We stated in our last client report that “for Tuesday, we see digestion between 150.40 and 151.09” and the high level consolidation above modest support at 150.69 leaves upside risks intact for this week.

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Posted by on in Miscellaneous

Have a GREAT trading day all!!! #Bullish the #USD $USDX and #bullish #equity averages #Bond bias for corrective dip, but underlying #bullish

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