This week’s financial spread betting update is now available and can be read by clicking here.
In this week’s update we look at the increasing weakness that is being seen in the stock markets, which may lead to a potential long term trend reversal to down from up. We take a look also at the Euro and what happened to the currency after the EU bailout as well as what happened to the British Pound after David Cameron became new PM.
We also look at the increase in Volatility that has been seen over the past couple of weeks and what that had done to the VIX Index. In addition we look at Gold and whether there will be enough strength to continue up through new resistance at $1250
This week’s spread betting update begins with:
The past week has once again been highly volatile and the month of May has so far been a very eventful one as far as market events and large swings in the markets are concerned.…continue reading by clicking here