Dec 5 & 6 – Market Analysis

6th Dec – Market Analysis

Equity Markets fairly constant yesterday.  No big surprises for the interest rate meetings yesterday.

STAM Analysis

I will do the analysis and look for setups, but I will not be able to enter anything ahead of NFP – there was no change in the STAM ranking points from yesterday to today.  I couldn’t see any obvious potential setups.

 5th Dec – Market Analysis

Equity Markets fell yesterday.  Gold rebounded a little.  Zak Mir, from the traders meet last night commented that he thinks Gold is the most difficult market to trade, because it just continues failing on all sorts of technical levels.

STAM Analysis

  • Strong: EUR, CHF, GBP
  • Neutral: USD
  • Weak/weakening: AUD, JPY, CAD, NZD
  • No STAM setups today.

 

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