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

dz. A bit of short squeeze today possibly?

beware the false dawn ..... following a terrible run, some sort of bounce always has to happen, but watch for lower high

i think 6,650 (ftse) and 17,700 (dow) are the levels that need to be broken upwards if this bear run is to be halted

Looks like we have reversed again upwards.

maybe but tread cautiously - see 18286

YUM 7PM!
Wall Street was higher in US early afternoon trading in the run up to a statement from the Federal Reserve that could give clues about the timing of a rise in interest rates. The Dow Jones industrial average was up 0.56% at 17,729.85, the S&P 500 was up 0.46% at 2,102.94 and the Nasdaq was up 0.17% at 5,097.975. The statement is due at 19:00 BST.

dow finished even stronger than that, so perhaps the recovery is not a mirage

You should put DOW/FTSE charts in the header cynic ??

We've tried that dozens of times jimmy with no success. That's why I have to keep posting some charts page to page to page to................

there's too many but go to page 1 and all and more is revealed

very busy day tomorrow for company results. RBS, British Gas owner Centrica, Shell and Thomas Cook are among those reporting.........................

cynic 18290 - lots to consider - would need to see dow 17850 + - lets see
gl

i shall be travelling pretty much all day

Ok i get it ..

didn't remotely have the balls to short DOW just before it opened ...... and very well done indeed any who did

Long at the open. Had a good week though after calling Turnaround on Tuesday.

Going to call it day soon and celebrate an England win.

well done and certainly more than i can say for myself ..... shut my position the day before the big bounce (of course!)

should be amusing:

'Greece's stock market will reopen on Monday after a five-week shut down, with restrictions on securities trading by local investors, a spokeswoman for the bourse has said. The Athens Stock Exchange has been shut since 29 June, when the government closed banks and imposed strict limits on withdrawals and foreign transfers to prevent a run on deposits by savers and companies.'

DOW is currently dithering around a fairly important level (17,700) so where it heads next, is quite likely to give an indication of where we might be headed for the day

DOW has now dropped 100 to ~17,600 which is below a fairly critical 17,635

.