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Free Technical Analysis Reports

Daily free technical analysis reports with trade signals.

Reports for
27/08/2015
  • Ftse
    27/08/15
    FTSE sustained break above strong resistance at 6070/75 is positive with a break above Tuesday's high at 6110 to fill a gap at 6117/6121. Above here is an added positive signal & targets resistance at 6170/75. We should at least pause here on the first test but further gains meet strong resistance at 6225/35 & again at 6260/70. A high for the day expected if we reach this far but a break above 6300 keeps bulls in control to target 6340 then July lows at 6375/80. First support at 6030/25 & we are looking to buy on weakness but below here 5980/76 could hold the downside. If we continue lower look for a buying opportunity at 2 day lows at 5933/16. Managed account service starts in September. jason@daytradeideas.co.uk
  • Eurostoxx
    27/08/15
    EuroStoxx held support at 3120/30 perfectly & shot higher to beat resistance at 3140/50 which then acted as support to test resistance at 3220/30. We topped exactly here as predicted & sold off to bounce just above 3130. We are now ready for a recovery with a break above 3220/30 to target strong resistance at 3265/75 & the main challenge for bulls. However shorts look risky today & I think we can squeeze higher as far as minor resistance at 3315/20. If we continue higher in to next week, stronger resistance at 3360/70 is absolutely crucial. Failure here means we resume the 4 month bear trend. I think this will happen & I worry about an autumn crash. Below 3230 targets 3200/3195. We are looking to buy into weakness today but further losses meet support at 3173/70. If we continue lower look for a buying opportunity at 3150/45 with stops below 3125. Managed account service starts in September. jason@daytradeideas.co.uk
  • E Mini Nasdaq
    27/08/15
    Emini Nasdaq outlook positive as we target 4255 then 4263/68. This is the main challenge for bulls today but a break above 4272 then targets 4290/95. A high for the day is possible but further gains then target very strong resistance at 4330/35 for a selling opportunity. Stop above 4345 & look for the next target of 4375/85. This will be absolutely crucial for longer term direction. I think we top out here & resume the bear trend. A crash from here is not out of the question. First support at 4205/00 is a buying opportunity with stops below 4190. A break lower however targets a buying opportunity at 4150/45. Stop below 4135.
  • Emini Dow Jones
    27/08/15
    Emini Dow Jones outlook positive as we retest 2 day highs at 16,330/340. A good chance we will break higher today to fill the gap at 16,429 & the main challenge for bulls today is from here up to strong resistance at 16,440/460. Watch for the market to pause here & perhaps hit profit taking to 16,330/340. However there is a good chance that eventually we see a break above 16,500 to target 16,580/590 then resistance at 16,675. Failure to beat 16,330/340 however triggers a move towards first support at 16,195/185. We are looking to buy in to weakness today with the outlook positive but longs need stops below 16,130. A break lower risks a slide to the next buying opportunity at 16,000/15,990. Longs need stops below 15,940.
  • S&P
    27/08/15
    Emini S&P looks ready to build the recovery now. Be ready to buy a break above 1946/47 today to target 1st resistance at 1965/67. We should pause here initially & could see profit taking to 1948/47, perhaps even 1936/35. Be ready to buy a break above 1970 however if not already long to target resistance at 1982/84. Failure to beat 1946/47 sees a move back to 1936 then a buying opportunity at 1923/22. We are looking to buy on weakness today but longs here need stops at 1916. A break lower meets support at 1907/05. Try longs with stops at 1900. Further losses could target 1890, perhaps as far as 1875/80 for a buying opportunity. Managed account service starts in September. jason@daytradeideas.co.uk
Reports for
26/08/2015
  • Bund
    26/08/15
    Bund...we warned you as clearly as possible! However prices collapsed even further than I expected breaking important support at 154.30/25 for further confirmation of the developing bear trend as stated yesterday. We bottomed at 153.38, just 5 ticks above 38.2% Fibonacci support at 153.33. A bit over done on the downside but will need to hold above 153.85/90 for a short term recovery to first resistance at 154.10/15 & the most important of the day. Shorts need stops at 154.30. Be ready to buy a break above 154.20 to target 154.40/45. Exit longs & try shorts up to 154.55. Shorts need stops at 154.85. A break higher targets 154.95/155.00 then an excellent selling opportunity at 155.30/35. Stop at 155.50. Below 153.80 targets 153.65/60. If we continue lower look for a buying opportunity at 153.37/32. There is quite good support at 153.00/95 but a break below sends us in to free fall again to 152.70/66 then 152.50 & perhaps as far as support at 152.40/35. Managed account service starts in September. jason@daytradeideas.co.uk
Reports for
25/08/2015
  • Emini Dow Jones
    25/08/15
    Emini Dow Jones holding above 16,000 is more positive for today & targets 16,085. As long as we do not see a daily close below here the outlook is positive. Next target & resistance at 16,145/155. If we continue higher look for 16,330/340 then a gap to fill at 16,429 before strong resistance at 16,440/460. Watch for a high for the day but if we continue higher look for 16,580/590 then resistance at 16,675. Below 15,590 is more negative & targets 15,935/930 then minor support at 15,820/810. Further losses target 15,715/710 with a break below 15,680 to target 15,550. A break below 15,510/500 risks a retest of 15,285.
  • Bund
    25/08/15
    Bund bulls have thrown in the towel with failure to hold above resistance at 155.90/95. OUTLOOK NOW NEGATIVE. Holding below 155.65 targets 155.45/40 then the 200 day moving average at 155.25. Minor support at 155.15/10 then best support for today at 154.85/82. Longs need stops below 154.70. A break lower adds pressure to target good support at 154.55/50. Just be aware of important support at 154.30/25. A break below here this week is further confirmation of the developing bear trend. First resistance at 155.65/70 could hold a rally, but above 155.80 targets strong resistance at 155.95/156.00 for a selling opportunity. An unexpected break higher could retest 156.40/45. Further unexpected gains target 156.70/75 then minor resistance at 157.16/19.
Reports for
21/08/2015
  • Emini Dow Jones
    21/08/15
    Emini Dow Jones below 16,800 keeps the pressure on for a test of good support at 16,750/740. This could hold the downside today as we become oversold short term, but longs need stops at 16,690. A break lower sees 16,750/740 act as resistance to target 16,655 then 16,600/590. If we continue lower look for 16,525/515. A break below 16,500 risks a slide as far as 16,420/410. Holding above 16,800 is less negative & allows a recovery to 16,850/860 then resistance at 16,940/945. Watch for a high for the day here but shorts need stops at 16,975. A break higher targets resistance at 17,045/055. Sell here, stop 17,090. Target1 @16,990, T2 @16,950. A break above 17,050 however targets 17,130/140.
  • S&P
    21/08/15
    Emini S&P 2011/2009 is a very big support level & is absolutely key to direction today. We are oversold short term so a recovery is possible & would target 2015 then resistance at 2023/25. We should struggle here but if we continue higher look for a selling opportunity at 2031/32. Shorts need stops above 2037. A break higher sees 3032/31 act as support to target strong resistance at 2044/45. Try shorts with stops at 2049. A big barrier then at 2054/56. It is worth trying longs at 2011/2009 with wider stops than usual at 2002. A sustained break & in particular a weekly close tonight below 2009 is a disaster for bulls & quickly targets 1997, 1991 then 1984/82 & perhaps as far as 2015 lows at 1974/70.
  • Eurostoxx
    21/08/15
    EuroStoxx pressure remains to the downside despite oversold conditions. Be ready to sell a break below 3317 to target 3305/01 then important support starting at July lows at 3283/80. The reason we saw a bounce from here in July was support triggered from 2014 Q4 highs plus the 200 month moving average which is at 3265 now & could hold the downside today. A break below here however targets further good support from the 100 week moving average & 1 year trend line at 3248/43. A weekly close tonight below here is a disaster for bulls. Be ready to sell a break below 3230 to target 3190/85. Above 3333 gives hope for a small recovery to 3370/75 for a selling opportunity. Shorts need stops above 3390.
  • Dax
    21/08/15
    Dax has gapped lower on the open in the last 2 sessions & collapsed. Yesterday's close below 10,340 is an added negative signal for today. A break below 10,300 targets 10,230/220 then 10,195. If we continue lower look for important support at 10,170/150. It is entirely possible that a low for the correction is seen here. In fact a bounce followed by weekly close tonight above 10,340 would be quite positive for next week. We have further important longer term trend line support at 10,130/120, which perfectly matches the 2014 high. Therefore the whole 10,170/120 area is critical now. Too risky to run shorts any further & worth trying longs. Only a weekly close tonight below 10,100 keeps bears in control to target further important 100 month moving average support at 10,060/050. First resistance at 10,350/360 but above 10,390 is more positive & targets 10,460 then resistance at 10,520/530.
  • Bund
    21/08/15
    Bund first resistance at 155.70/80 of course but be ready to buy a break above for a test of strong resistance at 155.90/95 today. A good chance of a high for the day, the week & possibly even the month. It is a big level and we should exit longs & try shorts with a wide stop above 156.20. A sustained break above 155.10 however targets 156.40/45 then 156.70/75. Bear in mind a weekly close tonight above 156.00 is positive for next week. There is quite a good chance we will fail to beat first resistance at 155.70/80 triggering a move towards 155.48, perhaps as far as important support at 155.25/20. This is the main challenge for bulls today & must hold or next week the outlook is more negative. A break & weekly close below 155.10 targets short term support at 154.80/75 but if we continue lower look for better support at 154.50/45.
Reports for
18/08/2015
  • Dax
    18/08/15
    Dax bears appear to remain in control at this stage BUT we have not closed below the 200 day moving average at 10,935. We are oversold & this offers some encouragement for bulls. Holding above here this morning targets minor resistance at 11,000/11,010 & we should struggle here initially. Be ready to buy a break above here if not already long however to target 11,080 then resistance at 11,120. Try shorts with stops at 11,160. Target 1@11,080, T2@11,030. However be ready to buy a break above 11,160 to target 11,200/215 then a gap to fill at 11,262. Exit longs & try shorts from here up to resistance at 11,275. Failure to beat first resistance at 11,000/11,010 is more negative & triggers a move towards 10,905/10,895. A break below 10,860 targets 10,810/800. A close below 11,860 adds pressure this week to target 10,730/725 & July lows at 10,660/650.