Market Analysis reports on the S+P 500, Dow Jones, Gold and Crude Oil spread betting markets. Market Analysis examines technical indicators such as levels of Support and Resistance, Stochastic levels and the RSI.
The Dow Jones futures market closed lower on Friday and the low-range close sets the stage for a steady-to-lower opening on Monday. Stochastics and the RSI remain neutral-to-bullish signalling that sideways-to-higher prices are possible near-term. If the Dow extends the rally off October's low, the 87% retracement level of the May-October decline crossing is the next upside target. Closes below the 20day moving average crossing would confirm that a short-term top has been posted.
The S&P 500 futures market closed lower on Friday and the mid-range close sets the stage for a steady-to-higher opening on Monday. Stochastics and the RSI remain neutral-to-bullish signalling that sideways-to-higher prices are possible near-term. If it extends the rally off December's low, October's high crossing is the next upside target. Closes below the 20day moving average crossing would confirm that a short-term top has been posted.
The Nasdaq futures market closed higher on Friday and the high-range close sets the stage for a steady-to-higher opening on Monday. Stochastics and the RSI remain bullish signalling that sideways-to-higher prices are possible near-term. If it extends the rally off December's low, November's high crossing is the next upside target. Closes below the 20day moving average crossing would confirm that a short-term top has been posted.
Spread Betting Companies Offering US Indices Markets
Dow Jones (Wall St)
S+P 500
NASDAQ 100
US Stock Market Index spread betting markets may also be available through other companies. Notes.
Metals Markets Analysis
9 January 2012
Gold Market Analysis
Gold closed lower due to light profit taking on Friday as it consolidated some of the rally off last Thursday's low. The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI are bullish signalling that sideways-to-higher prices are possible near-term. Multiple closes above the 20day moving average crossing are needed to confirm that a low has been posted. If it renews the decline off November's high, July's low crossing is the next downside target.
Silver closed lower on Friday and the low-range close set the stage for a steady-to-lower opening on Monday. Stochastics and the RSI are bullish signalling that sideways-to-higher prices are possible near-term. Closes above the 20day moving average crossing are needed to confirm that a short-term low has been posted. If it renews the decline off October's high, the 75% retracement level of the 2010-2011 rally crossing is the next downside target.
Metals spread betting markets may also be available through other companies. Notes.
Energies Markets Analysis
9 January 2012
Crude Oil Market Analysis
Crude oil closed higher and the mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI remain neutral-to-bullish signalling that sideways-to-higher prices are possible near-term. If it extends the rally off December's low, the 75% retracement level of the 2011 decline crossing is the next upside target. Closes below the 20day moving average crossing would signal that a short-term top has been posted.
Natural gas closed higher on Friday as it extended last week's trading range below the 10day moving average crossing. Stochastics and the RSI are turning bullish hinting that a low might be in or is near. Closes above the 20day moving average crossing are needed to confirm that a short-term low has been posted. If it renews last year's decline, monthly support crossing is the next downside target.
Energies spread betting markets may also be available through other companies. Notes.
Spread Betting and CFD Trading carry a high level of risk to your capital and you can lose more than your initial investment, they may not be suitable for all investors. Ensure you only speculate with money that you can afford to lose and that you fully understand the risks involved and seek independent financial advice where necessary.
Advert:
PipTrade
- Live Prices, Charts, Indices, Equities, Commodities, Forex and more >> see
PipTrade
The above content does not constitute investment advice, it is provided purely for information purposes and is delivered as a personal view of the writer. Neither the contributing company (or writer) nor Online-Spread-Betting.com accepts any responsibility for any use that may be made of the content.
'Futures Technical Analysis for the S&P 500, Gold Bullion and WTI Online Spread Betting Markets', Article by PipTrade, last update: 9-Jan-12
Content approved / provided by PipTrade is a trading name of Henyep Capital Markets (UK) Limited and is authorized and regulated by Financial Services Authority, License No: 186171. Address: 3rd Floor 28 Throgmorton Street, London EC2N 2AN, United Kingdom.
Related articles:
Market Analysis, 22-May-12,
Daily Market Analysis - free technical analysis of the financial markets. Market Analysis reporting on the main American Stock Markets and Commodities markets that discusses Support and Resistance levels as well as...see: Market Analysis
Market Analysis - Spread Betting, 21-May-12,
Market Analysis reports on the S+P 500, Dow Jones, Gold and Crude Oil spread betting markets. Market Analysis examines technical indicators such as levels of Support and Resistance, Stochastic levels and...see: Market Analysis - Spread Betting
Market Analysis Index
Market Analysis Index – an index of free technical analysis features. Analysis considers Support and Resistance levels of the leading American Indices, Energies and Metals markets. See Market Analysis Index
Looking to improve your trading results? Get free trading tips and trading analysis as well as the latest trading offers »
Trading News.
Risk Warning:
Spread Betting carries a high level of risk
to your capital and you can lose more than your initial investment,
it may not be suitable for all investors. Ensure you only
speculate with money that you can afford to lose and that you fully
understand the risks involved and seek independent financial advice where necessary.
Disclaimer:
Online-Spread-Betting.com does not endorse the information and
analysis available on this site. It is provided purely for information
purposes and is delivered as a personal view of the writer. Under no circumstances
is the information hereon to be used or considered as, an offer to sell, or a
solicitation of any offer to buy. The website content does not constitute investment
advice and neither the individual contributor nor Online-Spread-Betting.com accepts any
responsibility for any use that may be made of the content.
* Tax Free Trading:
Tax law is subject to change. It may also differ if you pay tax in a jurisdiction outside the UK.
