~~~~~~~~~~~~~~~~~~~~~~~ Jason Sen uses this experience to advise traders at the largest global investment banks & brokers, including Deutsche Bank, Morgan Stanley and Bank of America. He is also the leading provider of daily technical analysis to Marex Spectron, Tower Trading Group and Schneider[…]
The DOW exploded higher today thanks to the upward momentum of old “big Blue” IBM. S&P remained flat and Russell popped up. Overall market still stuck in trading malaise, with gold slightly down, and oil trading in a narrow range.
At that time there were a lot of international traders in the London Traded Option Market (LTOM). The Dutch were there in force and I was pretty tight with my Dutch friends.
GBP/USD: Trying to form an interim base ahead of 1.3100..Chart/Comment from Analyst, Nicole Elliott – Investors Chronicle
GBP/USD: Trying to form an interim base ahead of 1.3100 as dinner for Mrs May tonight with the other 27 heads of EU states is something I doubt she’s looking forward to.
STOCKS STUFF: Movers and Shakers. RCR +6.13% awarded a power station contract in Indonesia. GXY +5.49% further drilling at James Bay project. BIN +2.63% responds to media talk of licencing issues. DMP +3.46% says ‘Ja’ to a German pizza. TWE +3.22% AGM draws buyers.
GILT..failed to take out that 125.08 level..Chart, Analysis, Market Profile & Levels from Clive Lambert @FuturesTechs
GILT: If the sellers got busy again today and took us through 124.31 downside risk would be back on the table.