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

I've always wondered, are these jobs quality hirings or Xmas tree sellers and burger flippers?

told you so :-)
opened short ths morning at 16,448 and closed just now (about to board plane) with nearly 100 point profit

NFP +151k jobs.........below expectations.

and another very nice short opened and close for +80 :-))

DOW
so far, 16,200 is providing pretty good support, though it has now been challenged several times in recent days
if that level fails, then there could be at least a further 125 points on the downside

As I said yesterday fence standing was my preference till Monday but as soon as we had the NFP and Dow opened it was clear the fts was on it's way down. A very satisfying week all round.

Well done Stan. How about answering your starter for ten. Are you voting Yes or No to exit Europe?

Watch out CC, Harry will be after you.

16,200 has now failed and seems determined to stay below that level, at least for the rest of this evening

Not a good week. 16500 is the barrier. May be next week might get towards it. Then again what do I know!!!!!!!!!!!

Hard to see where the rot stops. Apart from the period between Sept and Dec where expectations possibly of a Santa rally were eventually crushed. Any approach to breach 50DMA (green line) has failed, as a result lower highs lower lows. This is reflected in stock charts. Eg STAN ditto hits 50DMA good night. ADN is an even bigger basket case stalls consistently at 25DMA (red line)

next week, we could all be surprised as is a par for the course of recent times, but otherwise DOW could easily head back towards 16,000

"trade what you see" never been truer then in the present market conditions.

with the indices zipping up and down like demented zebedees, it's difficult to determine quite what one is seeing!

Ready to roll with it again this week.

Yes indeed CD, do you or anyone else know when the Futures open for the respective Indices by Country?

No I don't Stan. Just go it alone.

Thanks CD, I'll have a dig around.