Spread Betting Financial Market Update

LS Trader Financial Spread Betting Weekly Update

This week’s financial spread betting update is now available and can be read by clicking here.

This week we look at what happened to the markets in the week following Easter and are providing some valuable information for those traders that are spread betting financial markets. We look at the new highs that have been formed in the stock indexes once again as well as the potentially crucial psychological round numbers that all 3 of the major US stock indexes are approaching.

We also look at Gold, which is on the threshold of a breakout higher if a key resistance level can be taken out as well as important levels for Crude. We cover the important support and resistance levels in these 2 markets and we also take a look at the forex markets, including the Canadian Dollar, which broke parity with the US dollar during the past week for the first time in nearly 2 years, but has so far been unable to stay above par with the dollar.

This week’s update begins with:

The past week has seen stocks continue to march higher with new highs being seen virtually across the board in the world’s stock indexes. There was also some weakness for the US dollar and strength seen in the metals sector.…

Good trading

Phil Seaton

 

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