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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
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UPCOMING ECONOMIC EVENTS...
* Feb. 8-12 ~ Shanghai Index closed for Chinese New Year holiday
* Feb. 8-10 ~ Hong Kong Index closed for Chinese New Year holiday
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* Tues. Mar. 15 ~ 2-day FOMC Meeting Begins
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* March 25 ~ U.S. markets & other world markets closed for Good Friday holiday
*** Click here for link to Economic Calendars for all upcoming events

Wednesday, November 16, 2011

Consumer Confidence at new six-year low in UK

The monthly Consumer Confidence Index data for the UK was posted tonight...it's now at its lowest reading since August 2005, as shown on the graph below (courtesy of www.forexfactory.com):


I'll see what tomorrow (or the next few days) brings for the FTSE...what kind of reaction, if any, to that news...5400 and 5600 are important levels, as shown on the Daily chart below.