Welcome and thank you for visiting!

The charts and comments in my Blog (posted in Eastern Time) represent my technical analysis and observations of a variety of markets...
*World Indices *U.S. Indices *Futures *U.S. Equities & Sectors *ETFs *Commodities *Forex
...an expanded version of the "Observations" section in my private Daily Trading Journal.

*** N.B. to my readers: Although I stopped trading in July 2013, I still take a peek at the markets now and then and post the occasional article here on my Blog.
NEW SERVICE: I'm pleased to announce the launch of my new service as a Certified Professional Life Coach...please check out this page for details and updates.

Mistakes

EVENTS

Earnings Calendar: Courtesy of Yahoo! Finance
Fed's POMO Schedule: at this link
Wed. July 30 @ 8:30 am ~ GDP
Wed. July 30 @ 2:00 pm ~ FOMC meeting statement & interest rate announcement
Fri. Aug. 1 all day ~ Motor Vehicle Sales
Fri. Aug. 1 @ 8:30 ~ Unemployment Rate, et al

Wednesday, 16 November 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.