Homework: 15, 30, 60 and 100 moving averages. Are they crossing over, are they converging or diverging, are they acting as resistance and support? Patterns: What sort of patterns are they? Trendlines: Is the market getting squeezed sideways in a triangle, waiting for a breakout? Resistance and support levels for trendlines. Gaps, what sort of gaps are they? Stochastics
We asked you to judge what was going to happen with interest rates. Were you right waht is your thoughts on interest rates for the next three months and what effect do you think that will have on markets, along with employment and unemployment figures, manufacturing and the service industry? Some talk of market valuations in America for stocks being valued 41 times earnings, see attachment.
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