Xmas Holiday Period

The Countdown to Christmas is on and if you are anything like us, you may have already indulged a little to kick off the festivities.

It’s a good idea to take this time to relax and unwind so that we can come back in the New Year with fresh eyes and minds. The way the markets are shaping up for 2019, we will need to be ready to rock and roll and take advantage of the opportunities that are sure to present.

In saying that, TradeSetup will be closing down from 24th Dec to 11th Jan. We will still be following the market and alerting for any changes that we see for the Current Active Alerts.

Also, for 2019 we will be working on some new ideas and offerings so please watch this space. As usual, any suggestions are more than welcome so feel free to email us at support@tradesetup.com.au

We would like to take this opportunity to thank you for your support and to helping to ‘spread the word’.

From the team at TradeSetup, we wish you a very merry Xmas and Happy New Year. Stay safe and we will see you back for more fun next year.

Kind Regards

The TradeSetup Team

  


 

Whats Ahead for Markets in 2019

So much for a Xmas rally as we see volatility pick up into the holiday period. Bulls have been sorely disappointed as markets around the globe are rattled with the DOW seeing two percent swings from day to day. China and the US are still playing chess on trade negotiations while European growth continues to ease. Throw into the mix Brexit uncertainty and emerging market issues, 2019 may see continued volatility.

As a trader or investor, volatility also brings opportunity. Crude is down on its lows, Copper is down and Gold may still be a traditional safe haven play if things turn really ugly.

Below, we take a look at some important charts to keep an eye on.

   

ASX200 Index – At an important zone if bulls want a merry Xmas!

Dow Jones Index – Bears in control and breaking support!

Gold – Could show some shine if things get ugly!

Crude Oil – How low can it go!