07:40am CET (06:40 UK Time)     Another day out of the house so no trading for me until later this evening – I have a long meeting with planning officials in Palma.

The U.S. is the main driver of world markets as it is still the largest economy for the moment and despite an early sell-off yesterday the Dow Jones 30 did eventually post a small gain of 59 points after encouraging results from JP Morgan and rising oil prices and is now looming close to the recent resistance area of 18,100 – so watch out for more bullish moves above this level. The wider S&P 500 is also in an optimistic mood and if it rises over 2100 there should also be further gains (currently 2095.20).  Sentiment in Europe is slightly different as we wait for April’s ECB rate announcement today although there is little doubt that Mario Draghi will keep it at its record low in the foreseeable future.  Greece is still weighing heavily on sentiment in the Eurozone with talk of a flash election as the anti-austerity Syriza party is failing in its promises to the populace and there’s now a real likelihood that the country will leave the Euro currency.

Crude oil staged a bullish rise during yesterday’s trading session with the U.S. WTI Crude ending the day $1:20 up at $53:29 on the back of continuing tensions within the Middle East and rising demand in the U.S. coupled with a weak Dollar and falling production although today’s inventory numbers at Cushing will give the market direction for the rest of the week. There is a fairly strong resistance level coming up at $54 so any move above that will have long term implications on the future price as it’s not been above this point since the beginning of this year.

Market Close Tuesday 14th April 2015:   Dow Jones 30  +59.66 @ 18,036.70  S&P 500  +3.41 @ 2,095.84  NASDAQ  -11.56 @ 4,397.65  FTSE 100  +10.96 @ 7,075.26  UK AIM  +2.27 @ 741.80  DAX 30  -111.13 @ 12,227.60  CAC 40  -36.06 @ 5,218.06  IBEX   -161.70 @ 11,704.70   Nikkei 225 (Today)  -71.43 @ 19,837.25  Hang Seng (currently)  -10.15 @ 27,551.34

All times below are CET (UK Time +1hr)

18:00pm    Been home for an hour and as it’s six o’clock I’ve just switched my S&P 500 chart on to see if there’s any ‘Trade With A Day Job’ opportunities – report back soon.

18:10pm    In a TWADJ ‘short’ position with a 15 pip stop loss.

18:25pm    Just been stopped out of my S&P 500 trade but there is a potential UTB pattern setting up on the same instrument currently.

18:55pm    Now in a ‘long’ UTB trade on my S&P 500 chart with a 25 pip stop loss.

20:20pm    We’re off out soon so I’ve come out of my S&P position at +51 pips.