One way or another…

Sorry for no alert last week, I have been down with a stomach bug, it has hindered me from preparing a worthy enough alert to be sent and flood your inbox.

I will say it how it is this week… The markets are buoyant, in the fact they are prepared to mow down sellers the very next day after they dare sell off this well guarded fortress we call the marketplace.

Not to be so general, I am talking about the market indices, whereby two steps up and one back has been the order of dance until now!

I see one final thrust higher to 11000 for the Dow and 1195 for the S&P.

Betonmarkets have been ever so mean with their returns over the past couple of months.  However, volatility has not been this low in a very long time!

Once we see this pending shake up, volatility should catch up with increasing momentum over the coming month.  By June we should see the returns once offered of yester year.

One thing that has surprised me over the last few weeks is that we have not seen any TWO consecutive down days, until that is, Tuesday and Wednesday of this week.

It is only now, where we have actually seen a higher volume of selling, than that of the past five weeks.

This amongst other technical indicators adds to the blend of the concoction seen most often with fizzled rallies. Not so much immediate pending falls, but any chance of a burst higher is now long in the tooth.

We will range here for the next 1-2 weeks, then by the 4th week of this transitional month (not just for the weather), we will begin to fade away from the market top and leave it yearning in the distance, whilst starving all summer longer.

For now, be prepared to sell any rally that you see coming up over the next 3-4 sessions.  As for the £/$, I do see a push toward 1.535, before a wave below 1.5, en-route to 1.48 is seen in the next fortnight, possibly 1 week.

I am about to trade the Ftse on Friday, along with the £/$.  

If you want in with me, please check out: www.fixedoddssuccess.com

Click on ‘Become a Member’, and you are ready to go!

I shall be in touch earlier next week; I am now back on the ball.

Have a great Sunny weekend

Matt $haw

P.S. If you would like my personal training over 1-day, please check out;

http://www.fixedoddssuccess.com/personal-training.php  Email me on: fixedoddstrader@aol.com  ASAP!

P.p.s Do you really think 11000 will hold to the upside?  Let me know YOUR view, now!