Below is a sample of a note we sent to our “Premium” clients today; those clients who receive our Trade Recommendations service covering Individual UK Stocks. We’ve gone a bit quiet on this front of late as we await some clarity from the markets. In fact it’s been one of the most frustrating periods I can remember on this front! This frustration may show in what we put out. If you are trading or Broking CFDs on UK Equities and required Technical Analysis to aid your decisions or offer ideas please let us know (clikc the link below) and we’ll set you up with a Free Trial.

http://www.futurestechs.co.uk/professional_trial/

So to today’s note:

If you’ve been wondering why we’ve been so quiet of late it’s because we’re doing lots of head scratching when looking at the charts right now. The Equity markets have been a very fraught hunting ground of late!

So with an apology for lack of recent recommendations here’s proof that we’re not just sitting around doing nothing: A list of every FTSE Stock with a line (sometime just a word!) to say what I’m seeing and why we’ve not got a conviction trade on!

AAL – Looks heavy, but is holding it’s 200 day MA (2950) and previous support in the low 29’s. Scope to 2490 if it breaks

ABF – Very rangy feel to the chart in the short term. Bigger picture suggest scope for weakness to 960 or even 920.

ADM – Hasn’t done anything since September

AGK –  Could be worth buying, looking for a hold above 1700

AMEC – Hasn’t done anything since November

ARM – Probably worth buying, but Reward/Risk isn’t right

ANTO – Looks bearish, but downside could be restricted to 1208

AU – Going sideways – No trade here

AV – Going sideways – No trade here

AZN – 200 day MA at 3095 might weigh. 3145 and 3175 also resistance

BAE – Been going sideways since October 2008!!

BARC – Breaking support at 277.50, but next support is 261, then 256, then 253. Too many supports below for a decent short risk/reward wise

BATS – Bullish, should hold 2645

BG – Broke support at 1400 last week but came roaring back. Gap above at 1498 is a worry for the bulls though.

BLND  – Slow, steady riser. Good one to hold, but buying at these levels?

BLT – Left an “Island Reversal” back in April, when we shorted it. Scratched the trade on the subsequent high. Doh!

etc etc!!