VAST RESOURCES PLC ORD 0.1P, LLOYDS BANKING GROUP PLC ORD 10P, PHOTONSTAR LED GROUP PLC ORD 0.01P, HERENCIA RESOURCES PLC ORD 0.01P, HSBC HOLDINGS PLC ORD $0.50 (UK REG), UNION JACK OIL PLC ORD 0.025P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
As per my wave analysis, there are possible two trades, in short term Long and in Medium term a good Short trade
Legal & General is currently trading above major resistance. The break of this level suggests that the medium to long term outlook is positive from here. We will wait to see if this break can hold on the weekly chart before committing longer term. In the short term the momentum is strong and further gains could be seen. Gap resistance around 267p and the 78.6%...
LGEN short from 220p to just under 120p. Move to Value area high and rejection down following the trend.