17/09: Dow Jones. The close of September should aim to hold above 13270 if the index is to continue towards the key targets. Short term the index will need to stay above 13338 which may also act as a support as we had seen this as a previous resistance level. To read Sandy's full piece click on the image
#Uganda shilling and global market report - September 13 2016 #Stocks #Gold #Coffee #Oil #MoneySense The Uganda shilling closed at 3378 on the US dollar 4456 on the British pound 3789 on the Euro 50.32 on the Rupee 33.38 on the Kenyan shilling 2567 on the Canadian dollar 2520 on the Australian dollar and 1.55 on the Tanzania shilling. The shilling is a very boring currency to watch as it is trading within a very tight range. Coffee Arabica closed at $3.69 per kilo. Coffee Robusta closed…
05/09 Dow Jones turns bullish again. The index reversed to a bullish mode and yesterday saw a failure to break above the high. This causes a difficult trading situation as now the Dow Jones would need to either break above 13095 to move higher or if the index trades sharply lower today and creates another bearish trend bar then once again the opportunity arises for the bears to take over. It is also important for the bears to keep the index below 13060 on a closing basis.
NEW YORK - The stock market is back. the Dow Jones industrial average has regained all the losses suffered during the Great Recession and reached a new high. The blue-chip index rose 125.95 points Tuesday and closed at 14,253.77, topping the previous record of 14,164.53 on Oct. 9, 2007, by 89.24 points