Mon, 26 Dec 2011 09:13:00 +0400
Exchange news, S&P500. Market overview and current week (Monday, December 26) forecast from the Department of Masterforex-V Trading System .
Last week was positive and showed the growth of S&P500 index, having met the market statistics of market growth on the eve of Christmas. At present technical bottom line is at the point of 1250.00, the top line is at the point of 200-day average:
It can be observed from cluster charts that at the beginning of the week sellers’ pressure was broken by consumer purchase, which resulted in further rising trend at the market:
Weekly market profile shows that buying zone is over 1235.75, and selling zone is below 1210.50; in between these zones lies the field of action of the channel:
All sectors of the market have had a rather even rise; industrial sector is at the top of the list because of a 3-month leadership in terms of statistical data. This signals about the generally positive market atmosphere:
The index of investors’ uncertainty (or index of “fear”) VIX currently is absolutely positive, which can be clearly seen from the positive spirit of investors:
In spite of this, stock market liquidity always falls drastically during the period of Christmas and New Year holidays. This can result in the general rise of market volatility.
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These days, success in FX trading heavily depends on perfect timing in terms of reacting to fundamental factors like economic, political and financial news and stats. The thing is that the behavior of any asset traded in financial markets is closely tied to certain events. On top of that, assets have tight relations with each other. In particular, even the slightest changes in commodities (crude oil etc.) or major currencies may trigger some changes in, say, GBPJPY or CFDs for crops… not to mention interest rates set by the world’s leading central banks or news by the Fed and the ECB. Ignoring fundamentals is like jumping into the swimming pool full of hungry alligators. The chances of surviving are miserable. This way, it is necessary to feed the alligators to save you life.
For many traders worldwide, commodities have been the major assets allowing them to generate substantial profits. The secret behind such popularity is that commodities are rather volatile assets if to compare them to stocks or currencies. Increased volatility means higher risk and higher potential profits. Which means that you need to have a solid base to trade commodities profitably. This includes competitive trading conditions. At the same time, commodity traders have to obtain comprehensive and timely information about the traded assets, including market drivers, various factors influencing the pricing, news, tech analysis signals.
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