Daily Datum Friday 11 Nov 22

 Pre Market Sentiment and Charts Influencing UK Markets  06:35 (3 mins read)

Massive moves in the US saw the NAZ add 7.5% with 12% in AMZN alone, AAPL and MSFT adding 8% plus, this is likely more big funds getting caught offside in a CPI surprise and rushing to reposition.
While much of this may be short covering but the NASDAQ cleared the 50MA , closed at a high and has made a signal long that suggest this move has a way to go

FTSE 100 futures are +50 cash but cable at $1.17 may weigh on the index but AIM should pop today playing catch up mode on the mid caps

VIX drops to 23 supporting risk on

Market Dashboard and Sentiment

 

 

 

Econ Calendar

Today's economic calendar  GDP at 0700

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