Peter Lee, Chief Technical Strategist at UBS in New York, gives his technical outlook for 49 key stocks.
8 November 2017 Chandos House London W1
A medium-term bullish signal has been triggered for wheat, says James Dima, technical analyst at Marex Spectron.
The longer it takes central banks to tighten, the greater the risk of a 1999-style speculative mania, says Michael Hartnett, Chief Investment Strategist at BofA Merrill Lynch Global Research.
The S&P 500 needs a strong and sustained move above 2,400 to resume its major uptrend, says Ron Meisels at Phases & Cycles.
The S&P 500 closed above key resistance yesterday and although Andy Dodd at Louis Capital Markets thinks it was by an insufficient margin to count as a clean break, he says it’s an important level to keep watching.
GBPUSD needs to hold above key support to avoid a top, says David Sneddon and his team at Credit Suisse.
A large move is expected for natural gas, says James Dima, technical analyst at Marex Spectron.
Little Traders 2 launches in the App Store today. Little Traders 2 gives players the opportunity to paper trade on the stock market in a gaming environment, akin to a ‘SimsCity’ for traders.
The S&P 500’s bull market is resuming and the index will head towards 2500, says Ari Wald, Technical Analyst at Oppenheimer.