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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