Indices and Gold - Wednesday 15th April
Morning all,
I hope you are well.Looking at Wall Street Futures we have the classic over night channel. It may have to wait until the European open until we get a break. There is a potental on the open for a Gap Close on the FTSE and Dax and this will also help pull Wall Street back into the 60 minute 20 MA.
Gold found support off our hourly support level and could well test this again today. Please draw the upward sloping support level on your chart and look for the break if indices rally today.
James
April 15th 2009 Posted to
Commodities, DAX, DOW, FTSE, GOLD, Indices |
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FTSE Futures
Morning all,
Watch for a break of this support for a move back down to the previous lows.
Bank profit on the way down and move the stops to make it a free trade.
Indices Positions - All closed
Well done to all that traded the Indices today the vaste majority close positions before the news but for those that didnt we closed as soon as the news was released. Well Done to all.