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WELCOME TO OUR WEEKLY ROUNDUP.

Coronavirus, EU relations (Brexit) and US voting fraud investigations and now the summer holidays continue to cause low volumes and volatility, as the markets wait for clearer conclusions as to final outcomes.

The Arizona forensic audiit is complete, with the full findings now released to the Senet and should become public by mid September. Several other counties are now pushing for similar forensic audits in the light of the highly praised conduct of the previous one.

 

FRIDAY

The end of the week went out on a whimper with little momentum anywhere. This was exasperated by 2 currency indexes that had the dreaded ‘Strong Minus’ ratings, further restricting trend momentum.

The Dom short Dax also struggled on early positive German data and here too, points were restricted.
Friday saw a reduced maximum potential of 400 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.

JUST A TEN PERCENT target of this figure would have yielded 40 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.

Weekly totals came in at 2,790

 

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