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…
Gloomy Spanish gross domestic product figures added to global economic growth worries today causing European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close to the downside. With three yellow lights and a DnUp situation Prudent Investors…
Hopes for a fresh round of stimulus from the central banks carried European shares and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher today. However, with three yellow lights and a DnUp situation Prudent Investors should remain on the sidelines and…
The mighty eleven week winning streak came to an end this week as the Price of the VVC/EU fell €0.45 per share from last Friday to close at €40.87 per share, turning the Primary Wave to Dn. After hitting new resistance levels on Tuesday, our other key indicators, the RT, BSR…