Craig Inglis's Blog

The UK100 has had an amazing run over the last six session July 14, 2010 04:02 ET: The UK100 has had an amazing run over the last six session and is now coming up to resistance at 5337 The MACD line has just crossed the zero line, indicating a positive trend could be starting to bloom The RSI and Slow Stochastic are not yet overbought giving rise to further potential upside However after such a rapid rebound higher, traders could be anticipating some selling pressure soon If the resistance at 5337 continues to hold a drift lower towards the 55 Day SMA seems possible If we break and close above 5337 the next resistance is not until 5444

July 5, 2010 The SPX500 has smashed through short term support
June 25, 2010 The SPX500 has sold off strongly in the last four days
June 18, 2010 Gold has failed to break its all time resistance at 1252
June 15, 2010 The SPX500 tried unsuccessfully to break short term resistance
June 7, 2010 EURUSD has broken its final short term support
May 25, 2010 The SPX500 has reached yet another support level at 1043, can it hold?
May 19, 2010 USDJPY has developed a Head and Shoulders pattern
May 17, 2010 The UK100 has bounced in early morning trade
May 13, 2010 Gold reached a fresh all time high yesterday
May 11, 2010 A huge rebound on the UK100 yesterday
May 6, 2010 SPX500
May 4, 2010 GBPUSD
April 30, 2010 The SPX500 has recovered quickly from the European meltdown
April 28, 2010 The UK100 has smashed through some important support levels
April 26, 2010 GBPUSD has formed an ascending triangle formation
April 22, 2010 The EURGBP is in the grip of a steady decline
April 21, 2010 SPX500
April 20, 2010 EURUSD has broken one strong downtrend only to find itself now stuck
April 14, 2010 AUDUSD recently had a rejection of the resistance at 0.9384
April 13, 2010 SPX 500
April 7, 2010 The SPX500 continues to trade above its support at 1179.3
March 29, 2010 SPX500
March 23, 2010 The SPX500 rebounded of the support at 1151
March 22, 2010 The SPX500 has faced stiff resistance at 1168
March 8, 2010 The UK100 has broken through one short term resistance
March 1, 2010 The UK100 has gapped up this morning but has reached some challenging resistance levels
February 23, 2010 The SPX500 has broken resistance at 1106
February 17, 2010 The SPX500 is racing up to its next short term resistance at 1106 and its 55 Day SMA
February 9, 2010 The SPX500 is attempting to break through short term resistance at 1070
February 5, 2010 The SPX500 smashed through a major support level at 1067
February 4, 2010 There has been continued failure to break above the short term resistance
February 1, 2010 The SPX500 reversed sharply on Friday
January 27, 2010 The SPX500 has broken a rising wedge formation
January 22, 2010 The UK100 smashed through the support yesterday
January 18, 2010 The SPX500 has dropped down to a critical support level
January 11, 2010 The UK100 is continuing its assault higher
January 7, 2010 Gold is still trading within a 5 month uptrend
January 4, 2010 The SPX500 is still trading within a 6 month upwards trend line
December 17, 2009 EURUSD has broken an important support level
December 14, 2009 The SPX500 appears to be trading in a 5 month channel formation
December 9, 2009 UK100
December 2, 2009 The SPX500 seems to have shrugged off any negative news from Dubai
November 25, 2009 The UK100 is in a channel formation
November 23, 2009 The global equity markets are increasing becoming harder to read
November 16, 2009 The SPX500 is one of the final major indices yet to break their resistance
November 11, 2009 The UK100 is close to reaching its next major resistance level
November 6, 2009 EURUSD is back trading above an important support level
November 2, 2009 The UK100 suffered a massive sell off on Fridays trading
October 28, 2009 The UK100 has smashed through its support at 5190