UK Stock Market Post Inflation Data, Where Next?
UK Inflation readings just came in and the UK govt is raving about it. Well needed gratification is in order due to the current dire political situation (we won't talk politics)..
Their promise was to halve inflation and their positive sentiment/rhetoric along with US news yesterday is creating bullish atmosphere within the UK main Stock Market, the FTSE 100.
I mentioned previously about long entries, of which have progressed to the upside significantly:
This relied heavily on a Technical view with other Fundamental aspects in mind. Price Action in Markets must always be used as a means of identifying where traders and investors alike are entering and exiting the Market.
That's because if you are joining them it gives weight to your entries and their potential direction and movement further. This couples well with Market Sentiment which ultimately rules the Financial Markets and leads people to buy and sell.
The current rise is also giving way to technical approaches and sentiment, or Market Mood persists to the upside.
Looking for further entries and exits as stated in this video.
Watch to learn.
Their promise was to halve inflation and their positive sentiment/rhetoric along with US news yesterday is creating bullish atmosphere within the UK main Stock Market, the FTSE 100.
I mentioned previously about long entries, of which have progressed to the upside significantly:
This relied heavily on a Technical view with other Fundamental aspects in mind. Price Action in Markets must always be used as a means of identifying where traders and investors alike are entering and exiting the Market.
That's because if you are joining them it gives weight to your entries and their potential direction and movement further. This couples well with Market Sentiment which ultimately rules the Financial Markets and leads people to buy and sell.
The current rise is also giving way to technical approaches and sentiment, or Market Mood persists to the upside.
Looking for further entries and exits as stated in this video.
Watch to learn.
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Locking in long side entry gains.
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If you relonged dip, you may be OK to hold for longer term gains.
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Lock in gains.
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Holding longs still.
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Still in longs PRE autumn statement (could be rocky), Hopefully :)
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Holding longs on recent minor uptrend.
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Optimistic comments from UK govt RE growth but no real impetus to upside. Maintaining long bias on Techs.
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Maintaining long entries further.
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Lock in gains on longs. Looking further for shorts higher up (key resistance).
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Out for gains. Turning short.
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Kill all longs. look short.
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In new shorts further.
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Kill shorts for gains.
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Re-Shorts.
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Re shorts at highs on current momentum (and GDP data)
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Re-shorts ideal.
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Posts Not financial advice.