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Daily Datum Wed 30 Nov 22 06:30

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FTSE 100 Futures Signal Breakout: Watch for Confirmation

 

FTSE 100 strong bounce back on oil recoverycleared 7500  yesteray and closed over the 7500 resistance: will look for confirmation today which may set us up for a rally to new 2022 highs especially if oil holds off the recent reversal .

 

FTSE250 still in a pullback from the 200MA rejection  losing 0.6% and below the 8EMA: led lower by travel and

AIM similarly seeing some selling but  retaining a more bullish bias rthan mid caps respecting the 8EMA for now

 

Gold looking set for a breakout as it rallies to 1754 again from a dip and bounce  : I'II will look to add my to currrent long  today and maintain an interim target of $1800

 

Oil has held above tits recent low and may well reverse: wacth the 8EMA today around $86

 

 

 

 

(click on any of the images to expand)

Market Dashboard and Sentiment:

 

VIX  at 21.9 continues to suggest risk-on is supported

 

 

Econ Calendar

Busy economic calendar Europe CPI, US Retail Data though most attention on Fed speech at 18:30

Today's economic calendar 

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Financial trader, technical analyst, author and blogger. Trading full time for 13 years.
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