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 at the upper level of downward channel sınce for past few weeks. Undecıded ıf ıts shortıng tıme agaın!!!

Indıces ground to a halt.

I think it's going to be very hard to call before the referendum .

True - The panıc wıll re-emerge once a poll nearer the date, ındıcates the vote ıs closer than the manıpulated ones now on offer.

I agree which is why i have stopped trying to trade anything at the moment ,it's hard enough without this looming.

Yellen speaks at 6.15 tonight I believe.

The head of the US Federal Reserve said on Friday that a rate rise would probably be appropriate in “coming months” if the US economy continued to improve, in the strongest signal yet that the central bank could tighten monetary policy this summer.

DOW
now tumbling sharply and through first support of 17,845 ...... 17,800 is next stop if no recovery


FTSE
still holding above 6,250 but one must ask for how long if DOW is falling sharply and the referendum fast approaches

PMI prınt below 50 yesterday ın US. Not a good sıgn.

.

FTSE
closed just below the important support/resistance of 6205, so banked a modest profit on that short


DOW
currently 17,786 which is very much betwixt and between
watch for a close or sharp move either below 17,740 or above 17,810

Edging hıgher agaın.

Dow at 18000 new hıgh soon?

Some shorts are getting squeezed in the US

FTSE has already tumbled and closed through an important support at 6,260 and DOW is also now close to tempting fate
in the latter case, watch for a move below 17,910

DOW
watch for that key level of 17,910 to hold or collapse
it's bounced from there a couple of times recently

DOW
already down through 17,910 but so far by not a great deal

however
DAX
9885 is the apparent number to watch here
it's certainly being threatened, and if that goes too, then hold on to your hats all round

Got small short runnıng from last nıght on Dow.

DAX
worth looking at the 10-minute chart
there seems no enthusiasm for a bounce off this critical level, but then it hasn't collapsed south either