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

not even at the source of the sauce ....... why?

.. I'm not pepaired to speculate.

DOW - gone long 20,629 ...... logic - support at 20,610 had been holding pretty solidly for some time

though DOW closed -60, it is worth noting that the critical 20,610 level held

Parachutes for sale!

not necessarily required

DAX making a charge for 12,100
it augurs well if that gets smashed, especially before london close

Any idea what the epic is for the Dax cynic on MAM charts?

good question ..... not off hand

Anybody?

Cannot find it Chris.

No worries, don't trade it personally.

DAX live:

http://www.boerse.de/indizes/DAX/DE0008469008

answer is DEX.
i think all time high is just below 12,400

Cheers cynic.

DOW
just banked decent profits on selling 2/3 of long position