WELCOME

Welcome and thank you for visiting!

The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
an expanded version of my trading journal...
* Major World Market Indices
* Futures Markets
* U.S. Sectors and ETFs
* Commodities
* U.S. Bonds
* Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
please read my full Disclaimer at this link.

Cabin

Cabin

Events

UPCOMING ECONOMIC EVENTS...
* Tues. July 28th ~ 2-Day FOMC Meeting begins + Wed. July 29th @ 2:00 pm ET ~ FOMC Meeting Announcement
* Fri. Aug. 7th @ 8:30 am ET ~ U.S. Employment Data
*** Click here for link to Economic Calendars for additional data

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.