From Hao Sun
The German market continues to head northwards with market participants bullish on the outcome of this week’s election where Angela Merkel looks likely to secure her fourth term as Chancellor. This bullish sentiment continues in the US index markets with the Nasdaq 100 looking likely to drive higher. The UK index looks weak however and could be primed for a potential shorting opportunity. In this week’s Technical Insights video, Hao Sun analyses the charts and underlines his plan for trading these markets. Please note that caution is advised when trading close to political events, such as elections, which can cause increased volatility and sudden price fluctuations.