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Brent rebound stalls right where you might expect it to
As with the USD/JPY just covered the previous update, the rebound there has just met a watershed at 141.70 and it looks like something similar has just played out in the price of Brent crude. As covered here many times in prior reports, the breakdown there was below the lower of the double bottom lows, at $70.61. The rebound that has played out since the last update here has seen Brent rise to a high at $70.56 and it has backed away from that rebound high as this update is typed. The price is now dropping back a bit more right now, currently trading at $70.23
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DAX sets new record above 19,500 at the second time of asking
Since a much earlier update here noted the DAX just failing to set a new all time high above 19,491, the index fell back to below 19,400. However...
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S+P 500 rises to new record above 5,850
The gains in the Nasdaq 100 right from the opening has now seen that index push towards 20,500 and that in turn has helped to lift the S+P 500 to a...
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US stock markets reopen with early rotation out of the Dow Jones and into the Nasdaq 100
The US stock markets have just reopened and the immediate moves have seen the Dow Jones drop a little further into the red whilst the Nasdaq 100 moves...
