SXP500 in a consolidation and could be in there for a while, but buying the break out looks like a good idea!. Trade with care. Follow me for instant notification when i post . I would be posting updates on this and much more .

Fed finally raises rates as expected, UK stocks is definitely facing resistance of varying degrees ahead Yesterday, the Fed took courage and acted as anticipated by raising rates 0.25 - In the absence of any curve balls US stocks responded quite positively after making a couple of sharp heads, US indices closed just off the high…

Harmonic Pattern Formed- Bullish BAT Pattern Potential Reversal Zone (PRZ) -2116 The index has pared its gains after making a high of 2081. It is currently trading around 2028. Short term trend is still bearish as long as resistance 2116 holds. The minor resistance is around 2040 and break above targets 2062(200 day MA)/2081…