Tags » UK & Europe

Europe hesitant

The Euro is retracing to test support at $1.37 on the monthly chart. Bearish divergence on 13-week Twiggs Momentum continues to warn of medium-term weakness, and penetration of the rising trendline/support at $1.35 would warn of a bull trap. 184 more words

Stock Markets

Are we in a bull market?

A simple reflection of the weekly trend on major markets using Ichimoku Cloud. Candles above the cloud indicate an up-trend, below the cloud indicates a down-trend, while in the cloud reflects uncertainty. 44 more words

US & Canada

Europe rebounds

Dow Jones Euro Stoxx 50 broke through resistance at 3180, signaling an advance to 3350*. Completion of a 13-week Twiggs Momentum trough above zero would confirm strong buying pressure. 119 more words

Stock Markets

DAX bounces back

The DAX rallied strongly off primary support at 9000. Recovery of 13-week Twiggs Money Flow above the descending trendline would suggest that medium-term selling pressure is easing. 27 more words

Stock Markets

Vladimir Putin’s irrational behavior: Why the Russian president wins if we think he is crazy.

Scott Radnitz suggests that Vladimir Putin is not crazy — just deliberately acting that way.

….consider strategic theorist Thomas Schelling’s concept of the “rationality of irrationality.” This can be illustrated through the game of chicken, in which two drivers are heading for each other at full speed, and the first to swerve is the chicken.

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US & Canada

Andreas Dombret: What is going on in Europe? The view from within

From a speech by Dr Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank, at the New York Stock Exchange, New York, 26 March 2014: 142 more words

UK & Europe

Europe under pressure

Bearish (Twiggs Momentum) divergence on Dow Jones Euro Stoxx 50 suggests that a top is forming. Breach of support at 2950 or reversal of 13-week Twiggs Momentum below zero would signal a primary down-trend. 90 more words

Stock Markets