FTSE 100‏ (Mar 13) intraday : the downside prevails.

February 5, 2013 6:47 am0 comments
FTSE 100‏ (Mar 13) intraday : the downside prevails.

Pivot: 6260 Our preference: SHORT positions below 6260 with 6170 & 6129 in sight. Alternative scenario: The upside penetration of 6260 will call for a rebound towards 6320 & 6360. Comment : the RSI advocates for further decline. Trend: ST Bullish; MT Bullish Key levels Comment 6360** Intraday resistance 6320** […]

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S&P 500‏ (Mar 13) intraday: consolidation.

6:46 am0 comments
S&P 500‏ (Mar 13) intraday: consolidation.

Pivot: 1505 Our preference: SHORT positions below 1505 with 1490 & 1483 in sight. Alternative scenario: The upside penetration of 1505 will call for 1510 & 1515. Comment: as long as the resistance at 1505 is not surpassed, the risk of the break below 1490 remains high. Trend: ST Bullish; […]

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