The Stoxx 50 which is an index of the 50 largest blue-chip European companies operating within the eurozone nations is now as I write this retracing back higher after in recent times being smashed relentlessly lower. Just like a lot of the major world equity markets of late; after going on extended …
Price Action Charts in Focus
Russell 2000 Prints Bullish Engulfing Bar on Daily Price Action Chart | 9th Oct 2014
The Russell 2000 (US2000) has now formed a large Bullish Engulfing Bar (BUEB) down at the low on the daily price action chart. This engulfing bar is a large candle that is rejecting a major weekly support level as the chart shows below. This market has been in a very compressed and ranging market of …
Technical Analysis of Germany 30 Index as Inside Bars Continue | 7th Oct 14
The Germany 30 Index or the DE30 as it is also known has continued lower after we made our last post on the 1st Oct Germany 30 Fires Off Insde Bar on Daily Chart. As we covered in that commentary, this market has recently been moving strongly lower with a string of aggressive bearish signals …
