openPR Logo
Press release

CFD and Spread Betting Analysis: Markets in state of confusion – Bullish or Bearish…?

03-07-2011 03:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: City Index

Spread betting and CFD trading analysis from City Index

Spread betting and CFD trading analysis from City Index

Spread betting and CFD trading expert Sandy Jadeja of City Index constantly analyses the financial markets to determine the probability of where markets will turn next. See his “Week Ahead” report for 7th March here.

“The recent market activity has caused confusion for many traders. We have experienced a choppy move both to the upside and downside causing confusion for Bulls and Bears alike. So which way are the markets heading and what is the direction of the underlying trend? Will Crude Oil prices continue to rally or is the current move a reactive spike? The week ahead should provide some further clues in terms of direction for the intermediate term for both indices and oil as we are yet again at decision levels in the markets.

FTSE 100 retreats back from 6117 level…
We notice on the FTSE 100 Weekly Chart that there seems to be a classic ABCD pattern developing. This would suggest that at its resistance levels of 6050-6117 a reversal “Should” take place. However the actual trend combined with Momentum is still in a Bullish mode. Until we see a change in Momentum with bearish factors weighing the index down the option to see higher prices towards 6245 may still be a viable option. This week however the index will need to hold above 5850 in order to maintain this view. A break below 5850 could see the index fall lower towards the 5500 area.

Dow Jones forms Bearish candle pattern…
The Weekly chart of the Dow Jones sees a Bearish Engulfing pattern formation along with a Spinning Top. This would suggest uncertainty with a Bearish bias. However here to the index still has a stronger bullish momentum aspect and is holding the index higher with a possible reach towards 12545. For the coming week the index needs to maintain a hold above 11979 in order to tackle higher prices. A pullback is due and is probably on the near term horizon but until we see a price action breakdown with confirmed reversals the trend remains bullish.

April Crude Oil looking Bullish ...
Closing in on the $105 level as previously noted the April contract of Crude Oil is clearly heading upwards and likely to reach towards the $117 level. For the moment the Daily chart would prefer to see the commodity stay above $99 to sustain the bullish view otherwise we could see oil dip back towards the $94 - $85 level for support. This is clearly a channel breakout and is quite often followed by a re-test of the channel highs. But given the tension in the Middle East, extreme movements should not be ruled out and of course volatility is probably going to include choppy days ahead for Nymex Crude Oil.”

For more CFD trading and spread betting market analysis, visit

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index:

Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFD trading ( and, in the UK, spread betting (

We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit

Sandy Jadeja, City Index, Park House, 16 Finsbury Circus, London, EC2M 7EB

Alex Nekrassov / Jonny Smith
New Century Media
020 7930 8033

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release CFD and Spread Betting Analysis: Markets in state of confusion – Bullish or Bearish…? here

News-ID: 165432 • Views: 2601

More Releases from City Index

CFD Trading and Spread Betting Update: Equity markets erase early losses ahead o …
Which financial headlines are shaping trading on 11th February? Sean Power of spread betting and CFD trading provider City Index ( discusses news activity including a nervy opening to the day in the equity markets. “Equity markets started the day in nervous fashion as mixed messages yesterday afternoon of Mubarak stepping down were not entirely accurate. Mubarak confirmed, during a televised speech, that he will remain in office until the September
Financial Spread Betting: European markets start with small gains – data eyed
City Index ( Market Strategist Joshua Raymond analyses the financial developments shaping spread betting on 24th January, including a lower than expected Q4 profit for Phillips “European markets started the new week with small gains as stronger miners balanced out a weaker opening for UK banks. Investors are likely to focus more on economic data than company earnings this week. The amount of firms yet to report across the pond that
Financial Spread Betting: European markets gain ground on bargain hunting
Joshua Raymond, Market Strategist at City Index( gives his views on the day's events in trading. “European markets posted gains after European Indices fell between 2%-3% in the last two trading days. However, volumes are low as it is a Friday and so therefore there is very little that we can read into today’s move higher. One sector that bore the brunt of the recent selling is the miners on fears of
Spread Betting: Goldman Sachs earnings trigger equity sell off - FTSE back below …
Financial spread betting expert and City Index ( Market Strategist Joshua Raymond looks at the financial headlines shaping trading on 19th January, including a sell-off triggered by a decline in earnings at Goldman Sachs “A surprising decline in earnings from major US bank and corporate bellwether Goldman Sachs triggered investors into defensive mode in late European trading, forcing the FTSE 100 lower by over 1% and back below the 6000 level.

All 5 Releases

More Releases for CFD

CFD Broker Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the CFD Broker market analysis, which studies the CFD Broker's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global “CFD Broker Market 2020-2025” Research Report categorizes the global CFD Broker market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth
discountFX – the New Choice for Experienced Forex & CFD Traders
discountFX – the New Choice for Experienced Forex & CFD Traders A new broker brand has recently entered the financial services market, offering revolutionary value to online Forex and CFD traders across the globe. discountFX ( is a brand of the German managed GBE Brokers ltd which operates under its CySec financial services license. With its fresh look and reliability, discountFX offers Forex trading at the shocking fixed commission rate of
CFDTool - MATLAB CFD Toolbox - Version 1.1 is now available
The new release now improved and faster solvers including coupled flow and heat transfer modeling in 1D, 2D, and axisymmetry/cylindrical coordinates with swirl flow effects. The automatic mesh generation is now also more efficient and features boundary layer meshing. Moreover, CAD and geometry import is supported for STL files in addition to mesh import from several formats. Postprocessing capabilities has also been updated to support boundary and subdomain integration for
CFDTool - MATLAB CFD Toolbox Available
Announcing CFDTool™ v1.0, a dedicated #MATLAB Computational Fluid Dynamics #CFD Toolbox for modeling and simulation of fluid flows with coupled heat transfer. Based on FEATool Multiphysics™ ( by Precise Simulation, CFDTool is specifically designed to make light and simple fluid dynamics and heat transfer simulations both easy and fun. Setting up and performing CFD simulations in MATLAB has never been this easy. The CFDTool MATLAB Toolbox includes the following features: - completely stand-alone
QuickerSim CFD Toolbox for MATLAB®
QuickerSim CFD Toolbox is a powerful application for performing fluid flow and heat transfer simulations in MATLAB ® making CFD simulations more accessible than ever. It provides a selection of solvers and data processing tools, which are compatible with other MATLAB® toolboxes and external CFD software. One can set up simulations quickly or tailor the script to own specific needs and create a custom multiphysics models. New realease - version 2.3
Computational Fluid Dynamics (CFD) in APAC 2018-2022 Market
Global Research and Development News -- . . "Computational Fluid Dynamics (CFD) Market in APAC 2018-2022" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect. ' ' -About Automotive ADAS An advanced driver assistance system (ADAS) helps the driver avoid potential collisions by controlling the vehicle when the user is unable to respond in time. All safety features alert the driver of imminent collisions