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

Locked in profit. See if we can get some more tomorrow.

Here's when the FTSE 100 is due to surge to 'higher highs' - Alistair Strang | Mon, 24th July 2017 - 09:36

FTSE 100 for the week (FTSE:UKX)

Normal rules continue to suggest underlying strength is present in the FTSE 100 (UKX), despite quite a few deliberate "slow down" movements recently.

The current cycle should, in normal circumstances, top out around 7,576 points. To cancel this prospect, the index requires to slip below 7,400 points.

Given the market closed the week at 7,453, this thankfully isn't the worst stop level given the upward potentials but, to be realistic and adhere to our higher highs mantra, awaiting the index bettering 7,515 would make a saner entry point. But a pretty rubbish width of stop.

The funny thing is we've a suspicion our 7,576 aspiration doesn't have a chance until later in the week. During July, we've noticed the FTSE seems to be trapping itself in a range for six or seven sessions, then moving up to the next trading level. If this pattern of misbehaviour continues, it'll perhaps be Thursday before the next surge happens.

We'd indicated the index requires below 7,400 to trash the immediate uptrend but realistically we'd want the index below 7,340 before expressing serious concern at any reversal as this takes the FTSE into territory where 7,200 must be mentioned as the first drop target with secondary calculating at a more scary 7,025 points.

Our inclination remains sceptical at these potentials until such time we see the S&P 500 at 2,500 and the Dow Jones messing around at the 22,000 level. This will create a perfect storm of reversal potentials with the risk of a need for a drop (if only to feed a rise) creating a domino effect across various indices.

As usual, we'll issue an update if the FTSE moves out with these parameters.

..

DAX
very interesting ..... having had a bad couple of days, it has recovered strongly all day ..... 12,250 was a resistance and it has gone and stayed through that ..... it has briefly come back to that level 2 0r 3 times, but so far has always pulled away again

US Just keeps going up.

FTSE set to inch lower ahead of GDP data

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UP 30+ POINTS

hahahahahahahah

always wrong?

The FTSE 100 gained 0.77% to 7,434.82 on Wednesday morning, with ITV (ITV) leading the increase.
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Erm it OPENED AT 7434 can`t get it right?

DAX
now at an interesting point of 12,310
next firm move in either direction will be worth noting

Closed out Monday FTSE 100 Long for 100 point gain. Nice and symmetrical.

Taking the rest of the month off.

August normally tricky like every other month :)

US New High at the close. Shorts been ripped a new "Bottle"

Watch out tomorrow':

"(Reuters) - Amazon.com Inc reported a 77 percent slump in quarterly profit as the company invests heavily in areas such as video content and in fast-growing economies such as India.

The company's shares, already up nearly 41 percent this year, were down 2.6 percent at $1,019 in after-hours trading on Thursday."

HC yes i agree. My powder is dry and ready for any mess that might occur. All nice and shiny during earnings. Next Month might be different. wait and see. Vix at lowest level since 2006.

HC yes i agree. My powder is dry and ready for any mess that might occur. All nice and shiny during earnings. Next Month might be different. wait and see. Vix at lowest level since 2006.

Dow nudges higher to the close.

Looking to short Dow Tomorrow if all the ducks line up.

FTSE bounce expected to continue
Breakfast11.jpg London's benchmark looks set to open around 10 points higher to extend yesterday's advance, as Asian markets posted handy gains this morning as did US stocks overnight.
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FRTSE100 DOWN 15 POINTS-they sensibly gave up forecasting but foolishly stated again recently,

did say DAX was looking bearish .... now down 100 points, no doubt because of the sanctions order imposed by trump ..... that is quite likely to affect gas supplies into germany

cynic get you spelling right on this board!!!!!! his name is Donald Dump !! lol

or is it dumb?

I do not know-never read the papers