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

Keep an eye on gold. Not a good day for UKX so far.

Any particular reason CC? Fts down yes or dollar weakening perhaps.

Just watching the correlation between the two charts and Dow futures, good for scalping. Fingers crossed US Cavalry arrives 2.30pm

Cheers.

Oil comıng off hıghs. Appears to be the drıver for every move.

Inflation figures!

No idear, so taken profit.

From Skinny's midday update:

London shares' early gains were all but erased come midday as the price of crude tapered. Safe-haven gold firmed, but key UK gilt yields were flat. This as European bourses were mixed. Leisure and oil stocks rose, but miners reversed south. Vodafone (VOD) was in focus.

Been in and out of FTSE all day , i'm expecting it to come off a bit more after the bell.

Funny isn't it I feel a bit more positive this week and thought it might go forward a bit more, but who knows that's why I'm not holding over night.

am amazed to see DOW fast recovery
wonder what triggered that?
anyway, shall now keep an eye for ~16,230 and a point at which to short

crude is looking fragile once more, so i am even more surprised by the strength of both dow and ftse
long may it last, but it really does have something of a dreamlike quality to it

FTSE still trying to defy gravity

fts to finish up on the day.. that's not a prediction just a guess.

DOW was kind to me last night and i managed to bank 45 points on a short
i'm now looking to short FTSE, but not sure from what level

50dma Mıght be a reasonable shout

That's me out of a FTSE long , has it any further to go ?

400 odd poınts ın 5 sessıons ıs good goıng.

arguably not much jimmy, but we all know how crazily the markets are currently behaving

Unfortunately i only took 62 points which made up for a short i was stopped out of .
Despite the 400 point move up i havn't done very well on the FTSE of late .
That's the trouble i'm inclined to go short again but your right the markets are crazy .