http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-20.v02.htmlS&P Dec Contract S&P finally broke lower yesterday but held onto 1086 and has traded back in a correctionary fashion overnight. There is good short term resistance at 1095 and would view to sell into this strength looking for a resumption of the downward move. Keep stops above 1096 initially. Intra day support located at 1090/88. You may see buyers enter the market at this time. However if the market fails to hold over 1086 look for this to come lower to good support located atFri, 20 Nov 2009 10:21:50 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-20.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-20.htmlFTSE Dec Contract FTSE slammed lower yesterday and once 5275 broke, sellers were on the back of this for the 61.8 retracement target of 5249, this held 5251. Now you have seen a small retracement from these lower levels, but the topside is looking limited from the daily charts, and any short term bounce is going to give better levels for sellers today. If on the open we can break through 5302 we are looking at this coming higher for 5324/31. Sellers will be waiting here, looking for this toFri, 20 Nov 2009 07:45:20 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-20.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-19.htmlFTSE Dec Contract FTSE had a narrow range again yesterday thus leaving the outlook unchanged... Resistance still remains at 5365/73. If the market can break through this 5365/73 barrier then there is a good chance of trading higher with 5386 then the first short term target. Here buyers are advised to cover longs. Re-instate above 5386 as a break above here will clearly leave the market well placed to visit 5407 resistance. Here once more look to cover all longs. Be a buyer once this hasThu, 19 Nov 2009 07:57:08 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-19.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-18.htmlGOLD December At the moment we have a double top on the short term hourly charts, and although the technical indicators on the short term charts do show they are beginning to be oversold, this pattern is usually very good. Sellers therefore will be looking today for an opportunity to slam this lower. If we cannot break back above 1140 this morning take this as a sign of weakness and look for this to come lower back to the 1135 level initially. If this breaks you should look for a return toWed, 18 Nov 2009 07:47:17 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-18.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-11.htmlFTSE Dec Contract FTSE paused for breath yesterday, and today is expected to open higher. Now this resistance at 5268/73 is major for two reasons. It is the recent double top high on the daily charts and also it is the long term, 61.8 weekly fibonachhi point, encompassing last years move lower to the lows of march this year. So it should present excellent resistance and should not break easily. That said, the European stock markets have opened a lot stronger, and this may be the case with thisWed, 11 Nov 2009 08:00:44 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-11.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-10.htmlWTI Oil Dec Contract Crude has bounced off its short term, 38% fib level at 78.85 and if gains can be maintained above here this market will trade higher. The short and longer term charts are both showing a move to the topside and this will encourage fresh buyers to come forward and lift this market higher for 80.20 initially. Some buyers would be expected to cover to here. You may see this come back a little from these highs, but declines would be looking to be correctionary and as long asTue, 10 Nov 2009 07:44:58 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-10.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-06.htmlFTSE Dec Contract Ftse has short term resistance at 5121/25. If this level is broken on the open the look for 5142/48. Here the market will come under pressure, so it is advisable for buyers to cover any longs to lock in profit. Short term charts are showing overbought, which is in direct conflict with the longer term daily charts which are suggesting that the market is going to gather strength and trade higher. So the safest bet for this market currently, is to buy into weakness evident onFri, 06 Nov 2009 07:53:54 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-06.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-05.htmlWTI Oil Dec Contract  Crude reached 81.06 before corrective pressure kicked on. However this is still looking good from both the long and short term charts, and dips should still be bought. Stochastics are approaching oversold levels, so tie this is with support from the short term 38% fib at 79.34 and join the buyers in taking the market higher from this point. You should find this coming to 81.00/06 once more. Here longs should be covered. Re-establish over 81.20 as this will keep theThu, 05 Nov 2009 08:08:07 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-05.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-03.htmlFTSE Dec Contract Ftse broke higher above 5054, but gains could not be maintained and the market closed mid range. Today there is scope for further weakness, but you should be aware of the daily stochastics.. They are at low levels, so you could see a bounce either today or tomorrow before the market sells off later. 5047 is your initial resistance. Failure to break above here keeps the immediate threat to the downside and sees this come lower for 5019 to 5011. You should be covering shorts toTue, 03 Nov 2009 08:37:53 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-03.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-02.htmlFTSE Dec Contract Ftse held 5142 and smashed lower. The break of 5045 took this to the longer term 61.8 fib level of 4964, halting at 4971. Today, as you would expect, the short term charts are oversold. Again they have not turned to show a move higher. So initially they may be a bounce, but it would only start to really come higher once these short term stochastics have turned. Now there is good short term resistance located at 5011/13 and this may be enough to hold the topside until theMon, 02 Nov 2009 08:54:09 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-11-02.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-22.v03.htmlS&P Dec Contract S&P is finally breaking lower. There could be one hell of a correction now with the uptrend looking to be tested at 1032. This ties in with the 75% longer term retracement target of 1034. Now nearer to home, below 1073 leaves this under pressure for 1067/64. Here you should look to cover all short positions. Although this is going to go lower, it is safer to cover and re-sell a break of 1063. Look to sell either then a break of 1063 or a move back to the break point ofThu, 22 Oct 2009 09:35:27 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-22.v03.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-22.v02.htmlGOLD December Gold bounced and broke above 1062 for 1065. Now we are back trading below 1060/62 and that is a little worrying. However this market is going in a large sideways band currently and really needs to trade and hold back above 1062 to take off further downward pressure. Unless a break is posted above this resistance you need to play Gold from the short side... You should be looking for this to come back one more to test the 1053 support. Here sellers will cover. They will re-sell ifThu, 22 Oct 2009 08:18:47 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-22.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-22.htmlFTSE Dec Contract Ftse came sharply lower after failing to break 5245. You did see a break of the trendline, but the close was just back on it at 5165, and the longer term fib level at 5144/42 held the downside. Today this still looks weaker from the longer term charts, but unless a break is posted below 5142 there is scope for a correction today. Your first Fib retracement target of 5177. If then the market can make a break above here on the open you should look for this to come higher withThu, 22 Oct 2009 07:03:55 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-22.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-21.htmlGOLD December Gold reacted well and came lower to the short term 61.8 fib of 1053. The subsequent bounce this morning has achieved 50% of the drop from yesterday and ties in nicely with resistance at 1060/62. Unless a break is posted above this resistance you need to play Gold from the short side... You should be looking for this to come back one more to test the 1053 support. Here sellers will cover. They will re-sell if below 1053 as this will take the market lower for 1050/49 initially.Wed, 21 Oct 2009 08:56:30 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-21.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-20.v02.htmlS&P Dec Contract S&P has resistance at 1095/97. We need to break through this resistance to keep upward momentum going and reach target of 1104. Failure to break above 1095 sees this come lower with 1083/80 once more targeted. Here buyers will be waiting to enter the market. Sellers will back off and will only get involved if the market breaks the 1080 region. 1077/75 would then be your short term objective. Now if this can clear 1097 there is nothing to stop this trading higher toTue, 20 Oct 2009 10:35:05 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-20.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-20.htmlEuro/Yen Euro/Yen looking a little under pressure at current levels and should come a bit lower to 134.73/61. Here sellers will be looking to cover. Buyers are expected to come in at these lower levels also to keep the upward bias. However, longs will not be held if this breaks though 134.55. A loss of this support keeps the pressure to the downside and sees this come lower for 134. Now resistance is located at 135.12/20. if the sellers cannot cap this , buyers will be looking to drive thisTue, 20 Oct 2009 06:52:28 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-20.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-19.htmlEuro/Yen Euro/Yen has already broken to 134.73 but we have climbed back above 135.12. Now however the longer term charts are beginning to turn down on the stochastics, so care is needed if wanting to go long. If this cannot climb back and hold above 135.52 this morning the pressure will shift to the downside quite quickly and it will break below 134.73 and test the uptrend which today comes in at 133.83. Obviously support is at 134 but between these two levels is where sellers will be lookingMon, 19 Oct 2009 06:19:06 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-19.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-16.htmlEuro/Yen Euro/Yen broke sharply higher, and the move beyond 135.25 has seen this cross achieve 136.07 this morning. It has traded sideways for the past few hours and this has been enough to ease the overbought conditions on th short term charts, with stochastics now back to the 58% level. They have not yet turned to show a move higher. You have support from Fib level between 135.20 and 135.12. Within this band you should look to cover any short positions. Attempt longs also to here. The marketFri, 16 Oct 2009 06:40:36 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-16.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-15.v02.htmlS&P Dec Contract S&P broke higher to 1089. Now the short term charts have eased the severe overbought indicators and the sideways trading through the night and this morning have take these indicators from overbought to neutral. This leaves scope for a move higher this session. A break above 1090 would see the market move towards the short term objective of 1104.40. Here you are looking to cover all longs. This has been your target on the break of 1077.5 and as such will offer goodThu, 15 Oct 2009 13:08:34 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-15.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-15.htmlEuro/Yen Euro/Yen has a downtrend line evident at 134.00. A break above here is required to keep the upward momentum going and drive this to the next level of 134.57/60. Both the long and short term charts still call for strength, but below this line at 134 keeps a lid on the proceedings. If the cross fails to break above here in the short term look for this to come back lower for 133.36/30. Here buyers will be waiting... They will instate longs and will hold unless a break below 133 isThu, 15 Oct 2009 06:48:41 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-15.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-13.htmlEuro / Yen Euro/Yen came higher to 133.36 and then dropped down to 132.51. This eased the overbought conditions of the short term charts, and now this can travel higher once more targeting 133.30/36. Now at this stage the market will have a short term top evident, so buyers are advised to cover all the long positions. Only re-instate longs on a break above 133.40. A break above 133.40 would see this come higher for 133.88/90 initially. Here look to cover all longs. Re-instate longs then on aTue, 13 Oct 2009 07:00:55 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-13.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-09.htmlS&P Dec Contract S&P failed again on the topside at key resistance levels and pulled back to 1056. On the topside there is a double top formation at 1066.7/1067 and this needs to be addressed. Short term oscillators are showing neutral once more but the short term topping pattern is going to pose a problem and this should now come lower. A break below 1060 will confirm. 1055 would then be the short term objective and this is the first S/T fib level. Here initially look to cover allFri, 09 Oct 2009 09:16:40 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-09.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-08.v02.htmlS&P Dec Contract We have reached target of 1064/66 virtually, and as you would expect the short term charts are dangerously overbought. It would be unsafe to be long at these levels, as this is so overbought and the stochastics have just turned to show a corrective move lower is required.. You should not see much of a downside move. 1056/55 would be sufficient to ease these indicators, and leave us well placed once more to trade higher.. Now if 1055 fails to hold then look for the firstThu, 08 Oct 2009 10:40:33 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-08.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-08.htmlFTSE Dec Contract Ftse is going to open stronger, and we shall have to see if this can reach the highs of 5175. Now currently the US and other European stock markets have held onto their highs, and Ftse may well do the same. This resistance is important to the market, and a break would leave FTSE well placed to travel higher with 5278/89 then the objective over the next week. However remember... The weekly bullish inverse Head and Shoulder pattern has never been in danger, and there is stillThu, 08 Oct 2009 07:04:11 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-08.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-07.htmlGOLD December The break of 1035 has shifted the bias to the topside now in Gold and we have to use Fibonachhi extensions to find new resistance levels. A break through 1045 will keep the upward momentum going and drive this to a minimum target of 1050. Here buyers will cover. You may see the market correct slightly from these levels, but the downside is looking limited to the break point of 1035/33 and buyers will be in looking to buy on any weakness to here. Only below 1033 will buyers beWed, 07 Oct 2009 08:46:55 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-07.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-02.htmlFTSE Dec Contract Ftse finally came lower after giving us palpitations as again and again it tried for the highs. Now the failure on the daily charts and a break of the 3 month uptrend leaves this looking weaker overall. Short term charts as you would expect are showing extreme oversold conditions, so a corrective bounce is what is required today in the short term to ease this scenario thus leaving Ftse well placed to continue downward retracement with 4881 to 4861 your objective for nextFri, 02 Oct 2009 07:15:41 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-10-02.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-09-25.htmlFTSE Dec Contract Ftse came lower and broke through trendline support, reaching 5036. Now the trendline support has become resistance and today that line is located at 5078. Therefore to keep the pressure off FTSE today it needs to claw its way past 5081/86. If the market fails here then 5036/20 will once more entice. Here shorts are looking to be covered. Buyers may wish to test the water at this longer term fib level, but they will not hold if 5020 breaks. A loss of this support keeps theFri, 25 Sep 2009 06:57:25 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-09-25.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-09-24.htmlFTSE Dec Contract Ftse tried the topside but held by 5147 and then the market slammed lower at the end of the session for target 5081/75, closing on these lows. Now the market should come lower this session. If the 5075 support fails to hold Ftse will maintain downward moves with 5054/51 the next targeted area. This is the bottom of the upward channel we have been tracking over the past couple of months. Here buyers will enter, and sellers would be expected to cover. Buyers should be safe atThu, 24 Sep 2009 06:48:33 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-09-24.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-09-23.htmlFTSE Dec Contract Ftse captured at 5159 thus keeping you short and the market then fell to 5105. Now the lower close does not bode well for this session, and FTSE looks under pressure for 5081/75 support band. If the 5075 support fails to hold Ftse will maintain downward moves with 5054 the next targeted area. Here buyers will enter, and sellers would be expected to cover. Buyers should be safe at these lower levels with a move back then to 5075/81 looking likely. Now if the market opensWed, 23 Sep 2009 06:58:41 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-09-23.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-09-22.htmlGOLD December Gold remains under pressure, with bearish stochastics now showing. So for the time being whilst this remains below 1008/1010 you should play Gold from the short side. 987 to 978 is the band that is looking to entice in the short term. Intra day support is located at 998/994. Longs initially to be covered to here. Sellers will look to re-sell a break of 994. a loss through here captures 987. Here once more sellers will cover. They will re-sell a break of 985 for 978. Now as statedTue, 22 Sep 2009 06:31:13 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-09-22.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-09-21.htmlFTSE Dec Contract Ftse had a good strong close, but there is room for weakness this session given the other stock markets reaction over the weekend. 5132/21 is excellent support band, and a loss of this support will weaken peoples resolve that this is a never ending upward market. It isn't. It corrects, it retraces, and it can certainly come lower... The short term charts show oversold and this will help the sellers case this morning. If the market opens lower, but holds 5132/21 there is scopeMon, 21 Sep 2009 09:28:56 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-09-21.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-09-18.htmlS&P Dec Contract Now the key question today is can the new incoming front month of Dec close above 1053. If it cannot this will not look in a very good position and the market will spend the next couple of sessions correcting the recent strong upward move. Now the acceleration of the past month can be taken as a sign of a nearby top in the market. Now this is too soon to gauge, but sharp acceleration with virtually no pullbacks do leave the market not in a most stable state. 1053 will beFri, 18 Sep 2009 12:15:00 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-09-18.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-08-12.htmlS&P Sept Contract Finally the S&P is beginning to take a look around at the rest of the markets, its overbought conditions and the diverging indicators that have been glaring at us over the past 2 weeks... 978 to 971 is your first target. Sellers will have their wits about them and buyers will be floundering as the bearish momentum kicks in. Bears will be jubilant that finally they can have their way and they will try and drive this through 982 as soon as they possibly can. Sellers mayWed, 12 Aug 2009 09:28:56 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-08-12.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-07-23.htmlGerman Bund Sept Contract Bunds came lower as expected and hit target of 121.04. Any shorts were covered to here. Buyers then came in the game and bunds traded higher once more. Now the close has not been particularly brilliant , so this can drift off again this morning. However the support at 121.06/04 once more comes into focus and buyers will be happy to buy here or hold existing longs unless this levels. A loss of 121.04 sees sellers take the lead and run with this lower for 120.86/74Thu, 23 Jul 2009 08:36:24 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-07-23.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-07-22.htmlSPOT GOLD Gold basically went sideways as we paused for breath after the recent bull run and so today’s outlook is unchanged with the bulls holding the reins. We did not quite reach 943.15 but between here and 944 will act as support today. If this level fails to hold then there is better support to come from the 936.25 to 938.65 band. It is unlikely we can get lower than this today, but if we do then look for enough fresh buying at 931.30 for us to stage a recovery. A rally back above 952.10Wed, 22 Jul 2009 08:33:20 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-07-22.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-07-20.htmlS&P Sept Contract S&P reached the expected level of 928 support and has bounced as hoped. The rally has not managed to break above 940.50 however which leaves the market looking vulnerable in the short term. We look likely therefore to visit 927/928 once again unless these highs can be taken out soon. If 927 then breaks then look for 921/922.40 to act as good support. Expect this level to hold but a break lower will have sellers keeping up the pressure for a target of 912 where theyMon, 20 Jul 2009 10:49:20 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-07-20.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-07-17.htmlDax Sept Contract Buyers had their way all session yesterday, and the market ramped higher to 5022. Now this is overextended on the topside and should see some form of correction this morning. Your first retrace target is 4944. If buyers can hold the market here then there is scope to break yesterdays 5022 highs. However if the sellers get nasty and want revenge for yesterdays slaughter look for them to drive this lower with 4931/28 the second objective. Buyers will come in here, but willFri, 17 Jul 2009 06:40:29 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-07-17.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-07-16.htmlGerman Bund Sept Contract Well....Bunds attained target of 121.24 and broke even lower through 121.16 for 121.05 closing at the lows. Now the target has been achieved shorts should have been covered. This is not to say that the market has finished on the downside, it has not. However markets retrace and enter corrective phases. 121.26 is the key on the topside this session. If the sellers stamp on the buyers enthusiasm here then you know that the downside thrust is set to resume. There isThu, 16 Jul 2009 06:28:10 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-07-16.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-07-15.htmlFTSE Sept Contract Ftse held just above its 38% fib level yesterday and traded higher to 4225. The close has been positive and today expect this to open higher. If the open is above 4236 buyers will look to 4250/58 as the immediate target. Initially longs should be covered to here. Buyers will then want to thrust it though 4260, but sellers will be waiting here and cold dampen the proceedings. Sellers will want to push this down to a more manageable level of 4166/59. From here sellers willWed, 15 Jul 2009 07:51:30 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-07-15.htmlhttp://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-07-13.htmlShort Sterling Dec Contract Dec Sterling bounced from 98.80 although did not manage to challenge the highs of 98.90, stopping short at 98.89. So the double top is still in place and we are unable to break above the trendline. Overbought conditions on the daily and hourly charts may help to set the scene for short term corrections. Bulls need to get through 98.90 or risk prices dipping back to 98.83 initially. If 98.83 fails to hold then look for 98.79/80 which should offer good support onceMon, 13 Jul 2009 09:12:24 GMThttp://www.fxstreet.com/technical/forex-strategy/info@technicalanalysisreports.com (Charmer Charts.com)http://www.fxstreet.com/technical/forex-strategy/markets-chartist-technical-analysis/2009-07-13.html