Live Daily Alert and Q&A Webinar: Wednesday 30th January 2019

Mark NugentDaily Alert, Jan 2019, Q&A Webinar

Live Daily Alert and Q&A Webinar: Wednesday 30th January 2019

Equities are being suppressed by corporate statements alluding to a slow down in the Chinese economy.
Well the markets were hard on the GBP after the MPs voted to re-open negotiations on the backstop and the EU said not on your nelly. However the drop has not continued into today so for me it is a pullback which for those of us bullish on the GBP is a buy signal.

US equities and others are approaching or have penetrated resistance levels. This too is a buy signal for me.

The Fed were dovish on interest rates and QT (the reversing of QE). This has pushed the USD down and GOLD has reacted as it tends to do, inversely, and is going up.

Tonight I will looking for those equities that have penetrated resistance and will consider going long just before the close.

PS Steve and I are still ironing out the tech wrinkles of having two of us on the webinar. Give us some time, we will get there.

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