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

ahoj , i'm not sure which is why my bottle is not good for indices at the moment .

DOW
going south, 16,250 is a potential target
however, as was seen in reverse this afternoon, supports/resistances have little value in the current climate, acting as little more than guidelines

WTI now just below $31.00

DOW now up 82 16482 ,sure is a roller coaster ride at the moment ..

totally bewildering
it's not even as if crude is strong - WTI is $31.65 - and to be honest, i remain very gloomy for 2016 across the board

both dow and ftse remain up, but it doesn't look very convincing

DOW
the last two days have been very strange
apart from the daily quite wild gyrations, on both occasions, the index has finished strong but collapsed quite sharply in the hour after

clearly nervousness of holding stocks etc o'night, but a caveat for index traders too

DOW's gone and spoiled it .

sure has .... currently down 100 at 16,410

as i mentioned earlier, technical supports are currently meaningless as they are getting blown away with ease

carnage on wall street - already down 220 to just below 16,300

i recollect 16,250 might be the next port of call
at least i opened a tiny ftse short this morning and may now extend it

Sooner we get to the bottom wherever that may be, the sooner we can start up again. We have been told repeatedly that the US market is overpriced, it's now unwinding.
2517

i don't know what has triggered this, but the chart below is a quick reminder of just a few months ago .....

phew! DOW now 16,200 .... glad i'm short FTSE but pity it's not DOW

New low broken since summer.

do i see 16,000 coming this way?

not sure what to do with FTSE position
a stop must surely be sense but leave it to run o'night

Capitulation perhaps, although it would need anywhere between 1000 and 2000 point drop for that. It's trying to claw back some of the loss atm.
2517

decided to bank ftse profit

not that it will, but dow could easily recover 100 points in the blink of any eye, for the same reason that it has lost 300+ points - no reason at all!

Gone long ftse 100.

500 point decline from 8am this morning until close Dow 30. Too much!!

Gone long Dow.

I bet it puts back on some weight in the night ,risky trade but i have gone long .

Snap Claret !!