Relevant articles for you

Video

Dembik Christopher
Ahead of the German election, Saxo Bank’s head of macroeconomic research Christopher Dembik explains why the country's economy is facing many challenges during the coming years.
Squawk / 08 August 2016 at 21:44 GMT
Not being the easiest of charts there is still something interesting to report on the EEM:arcx, the Emerging Markets ETF. Using two different counts they both align using time cycles today and tomorrow. It would, upon a bearish response, in such case also align with the last leg lower of the bear campaign. Which is hinting of further upside in due time following a correction lower. Price is also close to reaching an alignment with a complete cycle off the lows at around $27.50, but would ideally notch a bit higher. So, from this perspective a break of $39.50 from next week would thwart the risk of a correction. Also, take not of the BollingerBands®.
1y
DudetteUK DudetteUK
good morning Johan. Not sure that I read you well. Do you mean that we are overbought and due for a correction all the way to ( close) 27.5 ? Always appreciate your posts by the way
1y
Johan Berntorp Johan Berntorp
Thanks! No, not all the way to $27.50. Best initial hope for bears would be the support zone around $32.
1y
DudetteUK DudetteUK
thank you, now I get it
1y
Johan Berntorp Johan Berntorp
You are welcome, always! Interesting relations on the SP at 2186 to the 2011 low at 1074...nothing to go on now but you never know...

Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.com permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Tradingfloor.com and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Tradingfloor.com is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Tradingfloor.com or as a result of the use of the Tradingfloor.com. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through Tradingfloor.com your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail