Analysis

Charts Today – Stocks steady in quiet markets [Video]

Charts Today – 22 August 2019 – Stocks steady in quiet markets

  • Dollar Index just holding bullish including against the Yen.
  • Eurodollar kicks up starting to look short term bullish.

  • Sterling running out of steam in recent short term rise.

  • Bitcoin back below $10,000.

  • US stock indices wandering into short term bullish territory slowly moving off daily cloud support.

  • Russell 2000 index also looking better short term.

  • US indices set for flat opening today based on US futures.

  • UK blue chips and midcaps drift lower.

  • Germany and French stock indices moving to short term bullish.

  • Asian stock mixed overnight.

  • Crude oil moves higher, short term bullish.

  • Gold and silver short term bearish.

  • European banks up but their charts look dire.

 

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