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

Maybe the start of the summer downturn? Or maybe investors just taking profit on a sector which has done very well recently?

Keep an eye on Dollar Index.

Bit of both i think HARRY plus the EU ref looming won't help.

so you don't think there's also some realisation that all world economies are in trouble - ok china is growing at perhaps 4/5% thanks to continued dumping?

Miners and oil has a bearing on what your saying cynic.

don't care as long as both dow and ftse continue south
looks that some serious supports may get broken today, and if so, hang on to your hat

Nice to get a clear direction two days running, but for how long.

cash DOW already below yesterday's low of 17,666 (sign of lucifer?) and if it stays that way, then 17,500 def on the cards

FTSE is also now well below yesterday's low of 6,158
if 6,100 fails then hang on, and even more so if 6,060 also collapses

Mayhem alert !

DOW
banked half for a very nice profit at 17,654

golfing this afternoon so wouldn't be able to monitor

Golf, what do you mean Golf?.. there's work to do you know.

Battle Royale going on between Gold and Dollar Index, if gold can stay above 1287,,,1300 next target support 1280,1273,1271.

Back to an early up day for now.

Down week thus far.

INDICES + NFP
NFP - i'm not sure what would technically be good or bad numbers as far as the market is concerned
almost regardless, i'm inclined to think there'll be an end week or relief rally so i shall top slice my shorts

S+P 500 (cash)
i see that has just teased south of a supposed important support of 2045
in an hour or so the direction will be more apparent

My feeling is negative for the NFP's, but far from certain about the Dow.

U.S. economy added 160,000 jobs in April, below recent monthly levels, and unemployment held steady at 5%.

US job growth disappoints but wages rise
The pace of job growth cooled sharply in April but wage growth ticked up more than forecast, highlighting the tough decision for Federal Reserve policymakers as they mull rate increases.