09:20 CET (08:20am UK Time)  ~  A late start for me today and don’t I envisage much trading during the day, we’re taking our guests to Palma later on but I will be here at home this morning so if I do manage to do any chart watching I’ll report back here.

Markets are in a generally good mood over in the U.S. after positive data and good earnings reports yesterday and contrasts heavily with indices here in Europe where lower than expected manufacturing and services numbers has underlined the fact that the Eurozone is close to recession once again although ECB president has reiterated his stance on propping up the economy and says he is currently accessing several scenarios – this is not giving traders much confidence though, his speech started a short while ago and the German Dax has reacted positively so far. Overnight Asian markets were generally optimistic after Japanese President Shinzo Abe dissolved parliament in preparation for an election where he will ask the population for a fresh mandate for his struggling economic revival policy.

Not much happening in the Oil market, most traders are waiting for the OPEC meeting next week to give them a clue as to whether they should be buying or selling – U.S. Crude ended up overall yesterday, currently sitting around $3 ahead of the support level at $73.25 and over in the UK Brent Crude is mirroring that performance.  Gold is still on a generally upward slant as moves away from the low of $1132 of a few weeks ago and the Christmas buying season will be gathering momentum in the next week or so, giving a boost to its value.

Market Close Thursday 20th November 2014:   Dow Jones 30  +33.27 @ 17,719.00  S&P 500  +4.03 @ 2,052.75  NASDAQ  +19.43 @ 4,242.09  FTSE 100  -17.70 @ 6,678.90  UK AIM  +1.43 @ 717.58  DAX 30  +11.17 @ 9,483.97  CAC 40  -31.98 @4,234.21  IBEX -167.60 @ 10,209.20   Nikkei 225 (Today)  +56.65 @ 17,357.51  Hang Seng (currently)  +104.87  @ 23,454.51

11:15am  ~  I’ve had a couple of looks at my charts during this morning but nothing much happening so that’s it until this evening – one of the weekend guests wants to see my “Trade With A Day Job” working live.

19:40pm  ~  Just got back home and going to watch my TWADJ chart with an interested onlooker.

20:15pm  ~  In a ‘short’ S&P 500 position with a 16 pip stop loss.

20:40pm  ~  We are off out now so I’ve closed the trade off at +28 pips.