Dollar and Nasdaq analysis


Still in profit on all the positions

FUTURES

POSITION

ENTRY PRICE

STOP

CLOSE

%Change

Gain/Loss

S&P/MIB

OUT

********

********

30325

 -0,67%

********

BUND 

LONG

117.35

118.45

119.10

 -0,34%

+1.49%

EURO-DOLLAR

LONG

1,249

1,314

1.3280

 +0.23%

+6,32%

GOLD

OUT

********

********

436.88

 -0,75%

********

DOW JONES 30

LONG

10469

10190

10650

 -0,51%

+1.73%

The Nasdaq is in a rising channel , Adx shows the strenght  of this last movement, but it is in a declining phase .Above to a 1642 it's probable an extension , under 1575 a correction is expected.There is something  that it will help us to in the forecast: the dollar that, as it is looked at in the below diagram, is in a phase of congestion.In this phase the stock markets prefer a weak dollar.

 

(articolo di Sandro Mancini)

Non accontentarti solo degli articoli Free!

Registrati gratuitamente e avrai accesso senza limitazioni ai servizi premium per 7 giorni!

Gli ultimi articoli di Redazione Lombardreport.com