Ian foster, from BeAWinningTrader.com, joins Zak Mir and Mike Ingram on Tip TV to talk about some of the latest movements in market indices and currencies, and where to find the buy and sell signals.
Uncertainty over Dow Jones
Ian Foster talked about the signs in the market that helped to anticipate Black Monday’s flash crash; and how, despite continuing volatility, it may see a bullish break soon. The FTSE 100 had similar predictors, as it made lower highs, but this too could be ready for an upward move in the market.
Currencies looking sickly
Zak Mir believes that the Euro and Sterling are beginning to stall, and could be expecting a surprise move from the ECB to reinvigorate movements. Foster points out GBPUSD’s recent sideways movement, and advices vigilance when investing.
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