Market Trend Update

The Share Market is experiencing large swings and with so much uncertainty in the horizon it is difficult to speculate what type of market we are in now and market conditions in the future.

The Dow Jones recent double top pattern has coincided with all the bad news from the Euro Zone. The new emerging bear trend seems to be followed by China as well, who is ignoring the need for stimulating its economy.

Will Greece and Spain contribute further to the financial market instability? We could see a downward push to a resistance level around 12,000 if the worse doesn’t occur. If there is disintegration of the Euro Zone, we could experience another turmoil like the GFC which originated in USA.

Meanwhile,CFD traders could take advantage of the market conditions and trade with the bear trend in mind. Don’t fall for the first recovery signals until positives news come from Greece and the unfolding bank bailout in Spain. These are exciting times for trading but keep your capital safe.

Let’s get started...

Broker Rating Markets Available Fees Open an Account
Kawase Logo
1 Star2 Stars3 Stars4 Stars5 Stars
Rating 3.44 /5
(16 votes cast)
Shares, Indices, Forex and Oil Spread From 0.1 and 0.2% Commission Visit Website
MaxFx Logo
1 Star2 Stars3 Stars4 Stars5 Stars
Rating 4.66 /5
(90 votes cast)
Indices, Forex, Metals, Shares From 0.1 Raw Interbank Spread Visit Website
London Capital Group (LCG) Logo
1 Star2 Stars3 Stars4 Stars5 Stars
Rating 0.43 /5
(127 votes cast)
CFDs - Foex, Indices, Stocks, Commodities, Bonds, Interest Rates Variable spreads from 1.2 and small 0.1 commission on Shares Visit Website
Risk warning: Your capital may be at risk. CFD trading is suitable for experienced traders and not beginners.