There is certainly a Friday 13th mood around the community as well as markets. There have been a number of trend line breakouts as a result of this extreme volatility.

Coronavirus-related fear has impacted stock markets across the globe but a few of the US majors have held up rather well for the time being. In this post I consider support levels in a worst-case type of scenario for a number of high profile US stocks in case this sell off continues.

I have also been asked to review QQQ so here is how I’m currently seeing this ETF. The QQQ ETF tracks the NASDAQ-100 index which a stock index made up of around 100 of the largest non-financial companies listed on the NASDAQ.

I have been asked to review the GBP/JPY so here is how I’m currently seeing this currency pair. This pair had been dominated by issues surrounding Brexit although it started to look like it was moving on from this but, then, a curve ball in the form of Yen strength and Coronavirus struck and is […]

Last week: Fear is still the main driver of market action and note, again, how much of Saturday’s CNBC front page was devoted to this topic! Despite this, or perhaps because of, there were two great trend line breakout trades during the week that I hope you all caught: up to 250 pips with the […]