Category Archives: Commodities

28 Feb: Forecast: Stocks, Commodities

  S+P: 2368 Another day, another all time high on hopes of a major announcement to come tomorrow, from Donald Trump. Technically, the dailies still point higher, so the ongoing drift to new all time highs could well continue this week as we head slowly towards 2400. On the downside, support will be seen at today’s session low… Read More »

24 Feb: Forecast: Stocks, Commodities

  S+P: 2362 The S+P made yet another new high (2367) on Thursday in its never ending “Trump” rally. Technically, the dailies still point higher, so the ongoing drift to new all time highs could well continue as we head slowly towards 2400. On the downside, the 1 and 4 hour charts now hint at the chance of… Read More »

23 Feb: Forecast: Stocks, Commodities

  S+P: 2360 The S+P has traded sideways following the release of the FOMC Minutes (2355/2363), leaving the outlook unchanged. The dailies still point higher, so the ongoing drift to new all time highs could well continue as we head slowly towards 2400. On the downside, the 1 and 4 hour charts now hint at the chance of… Read More »