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

so i see and indeed across the other markets too ..... a quick rush of blood to the head, and then a bit of reality or whatever

DOW is still up 26 (it was 110 and more only 10 minutes ago), but has been down 80 odd during the morning

choose your direction if you dare :-)

Up !!

But have nimble fingers .

just took a quick 60 points on DOW, but now watching to see if 15,850 can be breached, but it's certainly struggling at the moment

i'll go and grab myself a drink while i have no position running :-)

I have had a couple of longs but it's silly up and down can't take the stress , if it could only be like last night 100 points in minutes .

:-))

glad i got in and out and in the right direction!
it's the direction that is so hard to gauge

Here we go ,i'm not in though to erratic .

all cat and mouse stuff .....

FTSE and DAX close to important resistances (were supposed to be supports), while DOW does not want to take the initiative and has stalled 3/5 times already today between 15,900 and 15,920

You would have been happy to see 15850 breached a few minutes ago and now you want more :)

except i didn't get back in :-)
but having breached that, 15,900 is next target followed by 15,970

DOW
15,970 is now proving quite a stubborn hurdle, but so far this evening, DOW is certainly tending north ..... therefore guaranteed to get blown to pieces later on :-)

15976 , Do we hear 16000 in the room .

Yes i'm not sure that any rally won't be the same in reverse the next day .

busted 15,970 and now +250 at 16,020

guess this level will have more substance if it can hold it until 18:00, though some decent support has also now built up (during the afternoon) at 15,920/15,940

Keep an eye on oil ,both Brent and US up 130/40 points i believe any rally in oil will push up the FTSE/DOW ,it's not been relative until recently but there is a correlation of late.
Be nice to push through 16000 for a strong finish.

i could easily have been very stupid this evening and broken the golden rule ..... in times of high volatility it is imperative to stay in front of the screen

it doesn't look that you'll see a finish above 16,000 but i have my suspicions that china will perform well o'night and with oil now very comfortably above $28.00, there should be a decent day in prospect

a finish above 15,970 would actually more than suffice, always assuming no fall off o'night

Looks like our ft longs might just come good tomorrow James?

Down 150 Poınt move thıs mornıng. Then recovered. Great ıf you can get the swıng.

Not only the oil price responsible for the gyrations CD but Draghi to be "considering" more QE apparently now which markets like, as usual we will see.