Today STI closed -35 points after several European countries got downgraded, but looking at some charts, a lot of them closed with white candles. And market is still overbought. Which means that if you are thinking of longing, you are taking in additional risk. But can it go higher? Of course as it is only your money. But to short, I do not see any convincing signals. Technically, if tomorrow’s (Tuesday) price goes lower than today (Monday) or Friday’s low, then yes, technically it is a shorting signal.
Although currency now does not closely related to stocks movement, I will still be watching it for any clues.
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BBC News- Ad for AI editing app which said it could 'remove anything' bannedThe UK regulator said the ad condoned "digitally altering and exposing women's bodies without their consent."
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- Easter holidaymakers switching from Dubai to Spain as flights fill upIt comes after the war in Iran caused mass disruption to flights across the Middle East and UAE.
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- Typical new mortgage costs soar £788 a year in two weeksLenders have hiked rates on new deals and withdrawn products as war creates uncertainty in the markets.
- Typical new mortgage costs soar £788 a year in two weeksLenders have hiked rates on new deals and withdrawn products as war creates uncertainty in the markets.
- Free energy packs 'to reduce bills by up to £800'Citizens Advice is offering the packs and advice to residents in Beverley, Bridlington and Goole.
- Sinn Féin shirking responsibilities on oil bills, says LyonsThe communities minister was giving his reaction to the £17m support package announced by the UK government.
- Ad for AI editing app which said it could 'remove anything' banned
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