Week Beginning 14/05/2012.Value 12830.6Continuing from last week, the market managed to stay close to the key support of 13020 at the start of the week. However, closing under this level by the end of Mondays trading signalled weakness and therefore… more »

  Week Beginning 07/05/2012. Value 13038.27   Last weeks analysis suggested that there was a small amount of room left for the market to increase in value before a drop back to the support level at 13020 occurred. As it happened the market waited unt… more »

Week Beginning 30/04/2012. Value 13228.31 After a sharp decline on Monday, the market rallied and gained every day during the rest of the week to finally test the anticipated target set in last weeks analysis of 13260. The big t… more »

Week Beginning 23/04/2012. Value 13029.26 The market continued it's period of consolidation after last weeks bounce of the aforementioned Fibonacci 78.6% level managing to close just above the key support and resistance level of 13020 (figure 1… more »

  Week Beginning 16/04/2012. Value 12849.59 Last week it was suggested that should the market penetrate the support level at 13020, the 78.6% Fibonacci retracement level would likely be tested. By the close of trading on Tuesday, this scenario had occ… more »

Week Beginning 09/04/2012. Value 13060.14 The market started the week with great optimism pushing strongly up to a new recent high at 13297.11. However each successive day after saw the market fall markedly. Twice during the week the market tested the… more »

Week Beginning 02/04/2012. Value 13212.04 The market to be moderately volatile this week, oscillating just above the 13000 level. At present this psychologically significant value is providing good support to the market although the continued r… more »

Week Beginning 26/03/2012. Value 13080.53 As anticipated, the market continued at the beginning of this week in the same vein as it ended last. Monday saw a brief period of consolidation before ending the day marginally higher. However on Tuesday the e… more »

 Week Beginning 19/03/2012.Value 13232.62Although the indications from recent technical analysis had suggested an imminent fall occurring in the markets value in the near future, there was a warning that the bulls had yet to let their grasp on the… more »

  Week Beginning 12/03/2012. Value 12922.02 The market showed the first signs of the anticipated weakness with a significant fall to the strong support at the Fibonacci 78.6% level (Figure 1). However, since that mid-week stumble, the value of the mar… more »