The Dax staged off yesterday with moves almost mirroring Tuesday’s price action. The market had rallied for most of the day, with the Dax breaking above the 200-day MA at 5788.0 to hit highs around the 5836.0 level. However a sharp reversal going into the European cash close saw the mark (more...)

The Bund eased back yesterday, as the market was unable to maintain the sharp bullish momentum seen over recent days. Although the market was able to base around the 128.60-64 level, thus the market remains strong immediate term bullish. A weak close yesterday for risk trades may (more...)

The FTSE staged a sharp reversal lower yesterday during the evening despite having rallied  most of the day. The market turned from the highs around the 5077.0-90.0 resistance area. This occurred soon after the European cash close, and a weak finish in the US lead the market dramatically f (more...)

US-Durable Goods (more...)

The FTSE rallied in late evening trade, lead by the surge higher in US equity markets. The market had gapped sharply lower at the open, testing lows around the 4881-83.5 level before settling into volatile range trade for much of the day. The late drive higher then saw the market com (more...)

The EuroStoxx rallied in late evening trade, lead by the surge higher in US equity markets. The market had gapped sharply lower at the open, testing lows around the 2434-36 level before settling into volatile range trade for much of (more...)

The Dax ended the day almost unchanged on the previous day’s close. A sharp gap lower at the open saw the market sell-off to around the 5600.0 handle before settling into volatile range trade. Thereafter the market surged higher in the evening session lead by the US equities. This resulted (more...)

The Bund rallied again yesterday. The strong risk off price action overnight in Asian trade saw some follow through in early European trade. This helped drive the Bund above the 129.00 handle. However the market gradually eased back (more...)

The S&P staged a strong comeback from....

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Overview

Over the last five days the Bund has remained strong forcing new all time highs yesterday at 129.55. This up move continues to be (more...)