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 an important pattern that formed on the S&P 500 last week at a key support level and what may happen next to this market. This pattern is of extra importance as it formed in the S&P 500, which is the real stock market and the other stock indexes tend to follow it.
We also have another look at Gold and some spread betting strategies that can be used in this market, which once again held support and now looks to be gearing up for the next move. We also take a look at the US Dollar and in particular the US Dollar Index, which formed new contract highs again during the past week.
This week’s update begins with:
It’s been another volatile week for most markets with large swings being seen in most sectors, especially the stock markets.…