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Charts Today – Stocks recover some lost ground [Video]

Charts Today – Europe Open – 11 Dec 2018 – Stocks recover some lost ground

  • Dollar up, turning short term bullish. Euro weaker, Sterling bearish making 18 month lows.

  • US markets gained some lost ground from yesterday’s open. US futures signal lower opening.

  • UK and Germany open higher, Japan down, HK and China up slightly.

  • Crude lower and weakening short term.

  • Gold holding short term bullish.

  • US bond still yields weak short term.

  • Medium term downtrends still dominate.

  • UK financials hit this morning.

Author

David Linton

David Linton

Updata Ltd

David Linton founded Updata in 1991 after several years trading and developing systems himself. He is a regular commentator on financial markets in the UK press and TV.

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