Analysis

Charts Today – US stocks jump, but positive sentiment likely to be short lived [Video]

Charts Today – 14 August 2019 – US stocks jump, but positive sentiment likely to be short lived

  • Dollar Index jumps to bullish and against the Yen.

  • Eurodollar lower and bearish shorter term.

  • Sterling still weak. Bitcoin weaker short term.

  • US stocks jumped but still close to daily cloud support again. That level is now critical.

  • US indices set to open lower today based on US futures.

  • UK blue chips and midcaps steady but still in bear trends.

  • Germany and French stock indices fall away, medium term bearish.

  • Asian stock indices mostly up overnight.

  • Crude oil moves higher, short term bullish.

  • Gold and silver pull back but still bullish.

  • US 10 year yields in the doldrums in the 1.60s.

  • Still quite a lot of worrying stock charts and getting harder to find good ones.

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.