After hitting a new support level of €40.48 per share on 30th August, the Price of the VVC/EU has risen sharply. All and all, the Price of the VVC/EU rose €1.00 per share on a Friday-over-Friday basis to close at €41.72 per share, turning the primary wave back to Up. Our…
The European Central Bank implemented a bond-buying program to combat the region’s debt crisis today sending European shares all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply higher. With two green lights and an UpUp situation Prudent Investors may buy…
Investors awaited Thursday’s European Central Bank meeting today causing stocks and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close a choppy session modestly higher. However, declines outweighed advances and the Price of the VVC/EU ended slightly lower….
News that the Swiss economy shrank in the second quarter dented market sentiment today causing European equities and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close to the downside. With one red light and a DnUp situation Prudent…
Hopes that the European Central bank would introduce additional stimulus measures sent European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. Nevertheless, with three yellow lights and a DnUp situation Prudent Investors should…
The Price of the VVC/EU declined again this week shedding €0.15 per share from last Friday to close at €40.72 per share, giving us the preliminary signal of a sustainable downtrend. Our other key indicators, the RT, BSR and MTI, continue to fall after hitting new resistance levels last week. Furthermore,…
Pessimistic Euro Zone business and consumer confidence data and dimmer hopes for more U.S. economic stimulus caused European shares and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close today’s session to the downside. With one red light and a DnUp…
Profit-taking caused European stocks and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close lower today. With one red light and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the…