Monday, December 26, 2011

DailyMarkets.com - Wyckoff Composite Man Knew The Xmas Rally Was Alway On.

DailyMarkets.com - Wyckoff Composite Man Knew The Xmas Rally Was Alway On.

Wyckoff Composite Man Knew The Xmas Rally Was Alway On.

Posted: 26 Dec 2011 12:35 AM PST

Mary Ann Bartels is the Chief stock market technician of Bank of America stated recently this ..”Test of the October lows is underway – Santa is not coming”…Ooops

We Mary may be correct if in the next week the SP500 turns south hard, but at the moment Mary is not in the circle of trust with known market operations. The trading community or Wyckoff composite man always expected a Xmas rally, as no one was interested in buy protection (PUTS) during the last few minor sell offs. They all … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asia Stocks Gain In Quiet Holiday Trade; Nikkei Climbs 1%

Posted: 25 Dec 2011 11:59 PM PST

Forexpros – Asian stock markets advanced in holiday-thinned trading on Monday, with most markets across Asia closed, while shares in Japan rallied after being shut for a public holiday on Friday.

During late Asian trade, Japan's Nikkei 225 Index jumped 1%. Trading volumes were low as several markets remained close, including Hong Kong, Singapore, Australia, Indonesia, Malaysia and New Zealand, resulting in quiet trade.

The Nikkei rose above its 25-day moving average, catching up to gains … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Holds Steady In Holiday-thinned Trade

Posted: 25 Dec 2011 11:31 PM PST

Forexpros – The euro held steady against the U.S. dollar in subdued trade on Monday, amid indications the U.S. economy was strengthening, however lingering concerns over a series of downgrades in euro zone countries continued to weigh on the single currency.

EUR/USD hit 1.3043 during late Asian trade, the daily low; the pair subsequently consolidated at 1.3044, easing down 0.05%.

The pair was likely to find support at 1.2956, the low of December 15 and resistance at 1.3131, the high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: GBPUSD

Posted: 25 Dec 2011 09:21 PM PST

The Cable chart below shows the break out of the triangle had led to a ~2 big figure rally, but a break back below trendline support could put Sterling under some pressure. The trendline 21hr is breaking below the 100hr from a short-term perspective as the pair sits right above the 50% retracement of the December … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AMR Approved To Improve Fleet

Posted: 25 Dec 2011 09:00 PM PST

12/26/11 American Airlines has been approved by the US Bankruptcy Court in Manhattan to purchase Boeing aircraft and to reject some leases on older … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/cnh Slow Market Due To The Holidays.

Posted: 25 Dec 2011 08:18 PM PST

usd/cnh not doing too much on today on Christmas day but still under that support line and continue to be in this downward … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDCHF Holding Steep Trendline

Posted: 25 Dec 2011 08:18 PM PST

The USDCHF pairs appreciation from the end of the 3rd quarter through the 4th quarter of 2011 has been supported by the trendline support below. The moving averages have also turned positive with the 100 day breaking above the 200 day and the pair above the 92.50 area where there has been resistance from last March are all bullish … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDSGD Continues To Hold 61.8%

Posted: 25 Dec 2011 07:18 PM PST
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