[BREAKING] Brexit Shocks Markets
How the UK "Leave" Vote Affects Trading
The vote is in and the United Kingdom is exiting the European Union! This historic decision has already had significant impact on the financial markets,...
The vote is in and the United Kingdom is exiting the European Union! This historic decision has already had significant impact on the financial markets,...
An interesting day ahead for sure. I'm sitting to one side but instead of explaining why, let me relate a story to you.
Today has huge news risk. That means at any time during the day, we could see exit poll data in the UK that shifts the market suddenly in any direction.
Still biased downside. We have 3 overlapping days, so we could be settling into a range.
Volume very high yesterday but we really didn't get anywhere in the day session - we closed just above the open. So we had some buyers stepping in just above 2050. I'm still biased to the downside.
Decent volume again and another down day, this is what we were looking for yesterday to confirm that we are likely to head to the bottom of the white box. So I'm biased short with a target of 2013...
Note - new levels below - the Sept contract is about 9.25 points below June.
Much more volume on Friday AND A down day. So today looking for signs we are done to the upside and now heading down to...
Volume still declining as is volatility. We are trading in new territory and at the moment not really building significant volume anywhere, so not much to stop us going down if sellers do come in. So...
We had a pop through the top yesterday. There wasn't much volume up there and we traded just under 1.4million. Traditionally, it's quite normal for a new high to generate excitement and for that in...
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