2018-06-03: Weekly update on OMXS30, SP500 and Euro/Dollar

The past week saw a couple of throws due to worries over Italian politics. Sweden’s OMXS30 continued to trend downwards while the US, like too often, painted a more positive picture. Meanwhile the Eurodollar, after falling sharply, has encountered some initial resistance in level with the midterm uptrend. Can we expect a turn? OMXS30 What … Continue reading 2018-06-03: Weekly update on OMXS30, SP500 and Euro/Dollar

2018-05-03: Update on OMX30, SP500 and Investor

OMX30 Since early November, OMX 30 has been trending downwards. Since then we have had three, and we are touching upon the fourth, attempts to break out above the 1600-level. However, after two touches on the mighty resistance level around 1500 (the lower black line), price action has stabilised. Especially after the breakout through the … Continue reading 2018-05-03: Update on OMX30, SP500 and Investor