Weekly Seven Days Ahead Market Updates THE S&P BULLS ARE BACK May 11th 2018
The technicals are unambiguously bullish with the close of the market at the end of the week completing a powerful and large bull Triangle suggesting a target of 3000 minimum.
From the fundamental point of view, we judge the S&P's recent period of price action has been a correction fuelled firstly, by the uncertainty created by change of Chairman at the Fed and secondly by a US President that, unlike many of his predecessors, is willing to not just talk tough, but act tough too. Whether his actions on trade achieves the desired affect remains to be seen, but this President means what he says when he says "America First"!
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A wide selection of research is published on a weekly and daily basis covering stock indices, single stocks, fixed income, FX, bonds and commodities.
Our methodology is grounded in a belief of the power of both Technical and Fundamental analysis to transform trading performance.
We specialise in multiple time-horizon analysis that matched the requirements of a wide variety of trading and investing styles with clear, measurable strategies and recommendations.
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