The Week Ahead: commencing 08 June
US inflation, first ECB rate hike in three years and further weekly crude inventory drawdowns will be watched closely. Oracle is one of the last big tech firms to report, in the UK it's an update by housebuilder Bellway. https://t.co/LC9V2xI5oY
Technical analysis of the Dow as it trades in record highs while GBP/USD range trades and US natural gas futures are capped by resistance. https://t.co/NkgfIhRb1r
Diageo. Down 64%. Fund managers averaged in all the way.
A stop loss would have saved 45% of that drop.
Still think averaging in is a good idea? ๐
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Not investment advice. Capital at risk.
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One look at a chart. Uptrend or downtrend. Instantly.
David Linton has spent 40 years mastering Ichimoku. Here's how it works.
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Technical analysis of the Nasdaq 100 as it trades in fresh record highs despite Brent crude rising for a third straight day while USD/JPY flirts with the Y160 region. https://t.co/JeqtiMB0w6
The Week Ahead: commencing 1 June
US PMIs, employment reports, eurozone inflation and crude oil inventories will be watched. The tail end of earnings season sees Hewlett Packard, Broadcom, Lululemon reporting in the US and Mitie, Paragon Banking in the UK. https://t.co/LC9V2xI5oY