I closed out a number of Option trades this week that were in profit and I’m waiting to see the fallout from FOMC before loading up again. The following charts are those stocks I’ll be looking to trade in the coming weeks assuming there is no acute reaction and sell off after FOMC. I will be […]
After a bumpy start to October, global stock indices staged a bit if a recovery last week and so I thought I’d check on some charts as we head into the final week of the month.
I mentioned the potential of a Bear Flag here on the Kiwi in my recent w/e analysis. Some weaker than expected NXD CPI data seems to have kick-started a possible breakout move.
The U/J is still trading within a potential bullish ‘inverse H&S’ on the 4hr charts.
With the key US stock indices attempting a recovery off their recent lows and with the VIX making a retreat I thought it would be useful to check some global indices and put these recent moves into greater perspective.