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

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.

stan - in a slightly convoluted way, you can trade index futures on sunday through the IG site ..... however, imo you're probably better and safer to wait until there are at least indications from asia
that said, you can still trade the indices until about an hour after wall street closes in the evening

i don't know whether it's just computer trading, but DOW has suddenly dumped big time (arguably time to go long if you can watch) and of course FTSE has followed suit

Thanks Alf, It wasn't that I wanted to trade at all but I just wanted and indication of what the foreign markets might be doing, all info gained to try and anticipate what the footsie might be up to when it opens.

Watching the FTSE , worth going long at some point ..