Charts Today – Stocks steady in quiet markets [Video]

David Linton Updata Ltd

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.

Author

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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