Market Analysis

9/9 Market Recap

Posted by jon on

Hello traders!   This week the market has gone quite a nice distance, 3 points, in a week where the market was up 4 out of 5 days. As we have stated on the previous post, the bullish sentiment still …

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26/8 Market Recap

Posted by jon on

Spy of the week. Hello Traders!   This week, as last week, we had a dull performance of the market. Besides the gap down of the market on Tuesday, nothing really happened and the market traded between the bounds of …

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8/19 Market Recap

Posted by jon on

Spy of the week Hello traders!   The previous trading week resulted in a flat performance of the market. We have been going back and forth between the 164 and 167 level, forming a bottoming area that might evolve into …

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8/5 Market Recap.

Posted by jon on

Spy of the week.   Dear Traders! on the previous week, the market has experienced a small consolidation in prices. it seems that the previous resistance level of 169.00 now acts as a support. This level starts to mark itself …

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7/29 Market Recap.

Posted by jon on

Spy of the week.   Hello traders! If when you will read the next few lines you will feel a sense of De-Ja-Vous then you are right, the market has closed another week of up trending prices. This move is …

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