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

Yesterdays gains gone today in US.

may be worth shorting DAX o'night

No direction at the mo.

took a small turn on DAX ..... perfectly happy with that, as it's an index i haven't traded before

My short is up.. just, stick or sell that is the question.

unless i am much mistaken, all main indices are now heading south, though there was an attempt at quite a sharp rally across the board earier ..... this has now all fallen away

if FTSE falls below 6,100 tomorrow, then it could become a race for the hills
DAX has already fallen below the important 9,900 level
DOW is toying with the idea of falling through 17,630
S&P is currently 2,058 ...... i think 2,045 is the important level for that

.

Sell ın May has so far been the rıght call. How much lower ıs the questıon

Some support here?

Well it's certainly not going north to often these days.

US Market down again.

Next week 17500 might be support for a bit.

DOW
just an attempt to rationalise after the event .......
from afar, i noticed an early attempt to rally, with arguably a double top forming for the day by about 15:00
thereafter, it was all sharply south

was there actually any good reason, or was it just a belated realisation that all is not right with world economies?

anyway, unless there is a sudden change of sentiment over the w/e, monday in london could be a pretty bloody affair - unless you hold FTSE short already

i may be tempted to extend my small position thus, but recognise the danger when it cannot easily be monitored

Billions being removed from the market last week according to the FT, another interesting week ahead no doubt.

sounds good to me :-)

May get a turnaround sometıme soon. Not for long though I would expect. After 3 down weeks some stocks mıght rebound a tad.

US turned North for a day at least. May be a bıt more before the next sell off.

i agree ....... with referendum getting ever closer as is the margin between the two camps, a very volatile time must surely be in prospect


interestingly, the IG betting on the referendum result is now more firmly of the view that remain will prevail than i have seen before

I wonder how IG make their book because i don't think anyone has a clue how this is going to go , it is totally different to an election.

grand old duke of york etc :-)


by the way, the insurance rates for hedging against leaving eu have risen quite sharply

Place your bets.