I am only dow watching for a bit as the dow is a brill TA practice tool. Did anyone spot the + divergence between RSI and dow on the 5 min from approx 5pm to now
Afternoon all:
Data Coming out Us at 1.30pm.
Think like a crook and maybe they can turn around from yesterday is my opinion.I think we will have "pop and Drop" or Drop and pop.Watch the action and trade what you see. My outlook is to short the rallies and scalp my way.
rgds
zarif
Afternoon all:
Sea of red today on the European bourses and Ftse.
So what are we going to do on the Ym today?
I think my views is Gap Up (or Down) open and then head lowe till around 12am Est and rally up towards close 9could be the other way round).This is my view and it can change with the wind.
Snp probably going to play Ball from -3 to +3 (maybe +5) level.
good luck trade what the market is doing.Also the Big decision fron greenbum tomorrow.
rgds
zarif
apologies if this has already been talked about but does anyone use a good end of day charting package for us stocks. my trading technique doesn't require thousands of different indicators or a live feed so a simple package or web site would do the trick. A scroll through function of a set list of stocks, similar to sharescope's, would be really handy. thanks in advance.
Eric, try stockcharts.com.
Not only does it have the usual US stocks but also the Indeces plus some indicators of their own devising like the Bullish Percent link here. A very useful site. It's free too.
Morning all:
Snoball -u r right in your post - WAKE UP EVERYBODY - and keep posting (that includes me aswell!!!!
Was yesterday a one day wonder i wonder?
The volume was really thin and they can move it around to manipulation very easily.
Trade wisely and safely.
rgds
zarif
Afternoon all:
The YAnkee market (call it the casino0 going to open in 18mins.
My view is that we will get a pop up and drop.
Also to watch that if we dont get a reversal rally up after 16.00gmt than the odds are that it will drift lower all day -But as usual my strategy can be blown out by the wind. Nag .Dyor.
rgds
zarif