The NASDAQ index and some of its stocks are worth monitoring as the index trades back up to the region of its all time high. Any bullish breakout and continuation on the index would suggest a similar tangent for its stocks. Some NASDAQ stocks on my watch list are setting up with potentially bullish patterns and appear […]
Cisco is looking quite strong at the moment and I will be buying the stock and selling OTM Call options as well as selling Puts.
The Bear Flag technical patterns on the E/U and A/U look well underway now but that on the Kiwi, whilst it is trading below major support, does not look as convincing just yet.
It is hard to fathom, especially after the mixed GBP data that continues to trickle through, but the Cable is hanging on near 1.60 and even looking bullish as it sets up in a bullish descending wedge.
The first US session after FOMC was always going to be the test for the USD and, from my perspective, it hasn’t fared too well. The US session is yet to close but the gains printed during the Asian session have been lost during the US session thus far as the index now trades back below the major resistance […]