Positive bias on FTSE 100 & DAX, Gold a sell below $1260 - Colin Twiggs

Bearish divergence in Dow Jones, while Shanghai Composite, FTSE 100 & the DAX look likely to head higher, is the key message from today’s section featuring charting from Colin Twiggs, and commentary from Nick Batsford - CEO at Tip TV, and Zak Mir - Technical Analyst at Tip TV.

Highlights:

Dow Jones: Bearish divergence of Colin Twiggs Money Flow. Below 18k will test 17k

Gold: Lack of conviction, another primary decline likely. Wait for a break below $1260 for a downside target at $1200

Shanghai Composite: Breakout is likely. Fresh advance towards 34000

FTSE 100: Narrow consolidation below 7100 is a bullish target. Above this will see 8000. Below 6900 will see a correction towards 6500

Need the trade setup for the above markets? Listen to this segment

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