Tags » UK & Europe

Footsie retraces

The FTSE 100 is retracing to test the new support level at 7400. Respect is likely and would indicate an advance to 7700*. Declining Twiggs Money Flow indicates medium-term selling pressure but the long-term signal remains bullish.

* Target: 7400 + ( 7400 – 7100 ) = 7700

Stock Markets

Europe advances

Dow Jones Euro Stoxx 50, representing the top 50 stocks in the European Monetary Union, continues its advance. Rising Twiggs Money Flow signals strong long-term buying pressure.

Stock Markets

Footsie breakout

The FTSE 100 broke through resistance at 7400, signaling a fresh advance. Another Twiggs Money Flow trough above zero confirms long-term buying pressure.

Stock Markets

Footsie bounce

The FTSE 100 rallied off support at 7100. Breakout above 7400 would signal a fresh advance. Declining Twiggs Money Flow indicates medium-term selling pressure; the long-term signal, however, remains bullish.

Stock Markets

Europe strengthens

Germany’s DAX broke through resistance from its 2015 high, signaling a fresh advance with a long-term target of 15000.

France’s CAC-40 index displays a similar bullish breakout, above resistance at 5000/5200 to offer a target of 6000.

Stock Markets

Echoes of the Past: Syria, Chemical Weapons, and Civilian Targeting

Everyone should read this as a reminder of the brutality that states may employ for political ends, whether Ethiopia (1935), Chechnya (1995), Iraq (1998) or Syria (2017). 272 more words

US & Canada

Euro Stoxx signal fresh advance

Spurred by a favorable result in the first round of French elections, Dow Jones Euro Stoxx 50 broke resistance at 3500 and is likely to test the 2015 high of 3800. 26 more words

Stock Markets