RNS Trading Wed 28 Feb 24
An unchanged doji day on the FTSE 100 with low volume again saw the 8 EMA tested and held - a doji pattern is often a sign of indecision when neither buyers nor sellers can move price in either direction. The index closed flat. The FTSE 250 initially sold to the 236 fib retracement of...Continue reading→
RNS Trading Tues 27 Feb 24
UK markets started another week in red yesterday the FTSE 250 dropping its 21EMA well the AIM All share tested the 50 MA and rejected with the FTSE 100 checking but holding its 8 EMA and remains the most bullish UK Index US markets showed a bit of red with the S&P down -0.4%, Nasdaq...Continue reading→
RNS Trading Mon 26 Feb 24
Overnight Brent oil opens lower slipping its 21EMA and looks to be heading towards the bottom of the channel: still very much rangebound DXY dollar index is unch Gold looks to be holding to the 50MA region for now around $2034 Bitcoin remains held at $51500 holding the 8EMA Quiet day in the...Continue reading→
Weekly Wrap 8 2024
Yet another week of underperformance by the UK indices as many of the world major indices went on to make all-time highs including the S&P 500 the Nikkei Euronext 100 the DAX the CAC. The Chinese Hang Seng Index was the outperformer of the week and looks to be making a breakout from its long...Continue reading→
RNS Trading Fri 23 Feb 24
In the UK yesterday out performance from the mid cap FTSE250 up 0.6% - a lot of this down to the +22.5% pop in INDV : second in line was FTSE100s at 0.3% and AIM was unch on the day if you see below on the heat map we had about 600 buying, 450 selling...Continue reading→
RNS Trading Thurs 22 Feb 24
Indivior +18% Highlighted in the weekly wrap 7 see here INDV did indeed surprise to the upside and this made a significant move plus 18% to the upside and going through the 200 MA, see the pre market analysis below: INDV Especially has a bullish chart which is showing a cup and handle pattern with...Continue reading→
RNS Trading Wed 21 Feb 24
Dollar stay firm into FOMC minutes later today US came back from holidays yesterday and saw some selling particularly in the technology stocks although consumer defensives ended in the green. The US indices did recover into the session and especially the Nasdaq which had dipped below the 21 EMA but subsequently recovered to close above...Continue reading→
Video Help Analysing Market Breadth on the Market Dashboard
How to anlayse market breadth using the Bull/Bear Sector section of the Market Dashboard to find the strongest and weakest sectors and shares over the 8, 21, 50 and 200 MAs. This helps identify rotations and allow the highlighting of the sector-leading shares. Best Viewed in Full Screen - Mouse over and Hit [ ] to...Continue reading→
RNS Trading Tues 20 Feb 24
Into the last hour of trading as the US come back from a day off in a mood: VIX has spiked 11% to near 16 with the NASDAQ dipping below its 21EMA for just the second time in 2024 - so is it BTFD time again or will this be a real pullback? Nvidia reports...Continue reading→
Runprofits.com Daily Insights
Daily analysis and insight on UK stock markets with the trends, the bends and the frends… Read MoreContinue reading→
