Market Analysis

My last post of December 1st on Japan’s Nikkei Stock Futures Index, NKD, refers: http://strawberryblondesmarketsummary.blogspot.com/2011/12/capital-spending-shrinking-in-japan.html For a summary of why I’ve written a number of posts about this index in the past, I’d urge you to take a quick look at that post.At the moment, the NKD is trading lower in overnight trading as shown

At this point, if we get notable bounce, simlar to the two weeks proceeding last week's, then there is a good chance for an upside red/green cross over. That is not for certain, but very possible. At this point though, it is a contengency. Frankly speaking, the market shows a strong willingness to to move

Today saw the YM, ES, NQ & TF close out their 4th quarter options contract for 2011. Each candle on the chartgrid below represents a one-Month Options Expiry period. Most of the price action after the large red July-August OPEX candle has taken place inside that candle’s range. The last three candles reflect indecision in

Data released pre-market today showed that Europe’s Trade Balance declined quite a bit more than was forecast, as shown on the graph below…this continues to confirm the contraction that Europe’s economy is undergoing…as depicted, 2011 is dramatically weaker than 2010. At the moment, the EUR/USD is being squeezed between 1.31 and 1.30, as shown on

{denvideo http://www.youtube.com/watch?v=iEgDgWuQCyU}

Where and what, indeed! Methinks their hiding place is within the “Thin Ice Zone” that I mentioned in my post yesterday: http://strawberryblondesmarketsummary.blogspot.com/2011/12/some-bears-are-still-awake.html I say this because what has been “hatched” from within this zone since August of this year has been one clever-sounding rumour after another, and cleverly-timed press releases, the results of which have

With Britain's Prime Minister Cameron walking out of the EU Summit talks last week and withdrawing Britain's support for their latest agreement, it could be interesting to see whether money flows (potentially out of commodities and equities) into the British pound sterling, or the US $, or both, if the Euro continues to weaken.Below is

  Below is a Daily chartgrid of the YM, ES, NQ & TF. Relatively-speaking, the Dow is holding up better than the other 3 as it closed on its 50 sma (red) and mid-Bollinger Band today, while the others closed below. In keeping with my “mean” theme from yesterday’s post, the YM returned to its

More bad news from “Down Under”… Further to my post on December 11th (http://strawberryblondesmarketsummary.blogspot.com/2011/12/home-loans-and-trade-balance-lower-down.html), data released tonight shows a big drop in Consumer Sentiment in Australia, as shown on the graph below (provided courtesy of www.forexfactory.com). This latest release shows it tied with the low registered in July this year…both months are the lowest reading

{denvideo http://www.youtube.com/watch?v=pNqtN6g3fpM}