rather than pick out individual stocks to trade, it can often be worthwhile to trade the indices themselves, especially in times of high volatility.

for those so inclined, i attach below charts for FTSE and FTSE 250, though one might equally be tempted to trade Dow or S&P, which is significantly broader in its coverage, or even NASDAQ

for ease of reading, i have attached 1 year and 3 month charts in each instance

quite tempting to have a dabble at current levels - 6670 and 17700 - but as i am buzzing about a bit, shall resist

17605 is my target for today

17844 looks to have been a better call at the moment :-)

Good Shout on 17844

the levels then were always good risk/reward but i shan't be greedy ...... actually took a small ftse long at 6672

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now out at 6721 on the basis that 6723 was a failed support so may now prove a resistance

I have been blind sided with all the Greek chatter.

Made it and lost it.

a good day today, but it still looks potentially weak with FTSE still struggling and failing to break north of 6723 even with DOW popping 100 points or so

Morning Glory soon went

Looking for a bounce today/tomorrow ........

No let up yet

nor likely to be i'm afraid until this greek tragedy unwinds, though there will assuredly be quick bounces along the way as indeed there was last night in USA - up about 85 at one point

FTSE
6672 is now becoming a quite serious hurdle (currently 6639)

DOW
plenty of volatility if you want to play
currently 17917 with 18,000 or a tad higher likely to be a stumbling block, but 17,686 is the next downside possible support

Bounce but not as big on the FTSE as i thought .DOW now up over 200 pts .

FTSE
was out most of the day but see FTSE clambered to 6743 at one point, but yet again fell away to 6703
though it is currently +10 on cash, that is still below the important 6745 level

if DOW stays strong until and through the close, ideally above 18112, then just possibly there'll be a break north for FTSE too

its all greek to me lol - fantastic opps
gla

cash DOW is now sitting right on the cusp at 18,112

today could be pretty lively with the indices whizzing all over the place depending the prevailing mood of the moment with regards to greece

indeed and yes it is worth keeping in mind that back in history certain greeks themselves called their own people 'lazy fat gluttons' - nothing seems to have changed but is a helpful indicator to today's dilemma in greece and a pointer imo - also the eu could well crumble.......... all empires and similar are temporary only........................... always fall eventually

Pound rising against Euro.......(or more likely Euro dropping)......as the crisis unfolds.....the thing is there might be a last minute ditch deal but the Greeks are going to play this "can't pay won't pay" game all the time !.....if a deal is done....in a few months time same thing again...and so forth.....it's unbelievable the amount of debt clocked up !.....you wouldn't believe a small non industrialised friendly country like that would be allowed to borrow so much.....the thing is : does Merkel and Hollande give in yet again to their demands and put off the inevitable once more or are they just going to say enough is enough ?......I'm not sure......anything is possible...but as the drop into the abyss approaches the Euro could take up to a five cents knock short term...even the french call it mickey mouse money !...

if any greek deal is done given the huge amount of debt they have squandered on nowt it should include a caveat that more immigrants get dumped in their country than anywhere else in the eu............................. want something for the debt they will never ever be able to repay

The immigrant situation is another problem they could have done without.....