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

FTSE100; inverted H + S v rising wedge?

DAX
watch closely
currently hovering on a fairly important support at 12,770

what an ugly market, though thank goodness at least AAPL (which i hold) came in with ace results

First blow by wedge.

DAX
sudden recovery though not sure why and now only a fraction below the important 12,650 level
keep watching

Turkey economy now raising its head.

The next trigger for a sell off!!

Just my thoughts.

DAX (+ FTSE)
both looking very sick indeed, though DOW surprisingly much less so
i'm not sure of the reasons for the above, especially as US is bucking the trend

DAX needs to recover above 12,100 before the close to give any comfort at all

Yesterday; Bloomberg manipulating?

don't be bloody silly

Yeah, no favours.

FTSE 100

Thirteen constituents made 52 week low Friday.

Mostly Banks and Mining.

September historically the worse month.

.

FTSE, DAX and DOW are currently all at very interesting levels
keep watching, especially if DOW puts in a good performance this evening

The FTSE 350 Banking Sector Chart worries me. Has been the lead in to downturns then first one to move on the flip side.

For me it looks bleak again.

Dow makes new high today,

markets remain very unhappy

US unemployment falls to lowest level since 1969
The US unemployment rate fell in September to its lowest level since 1969, the latest sign of the tightening of America’s labour market.
Non-farm payrolls rose by 134,000 last month, short of the 185,000 addition that economists in a Thomson Reuters survey had expected.
The unemployment rate slid to 3.7 per cent, also below expectations for 3.8 per cent.

DOW continuing to crumble
currently down a further 250 at 26,380

Possibly, some of it due to Trump exposing himself for what he is more and more.

Possibly, due the possibility of USA bank costs and borrowing costs being raised.

Also, the possibility of trading retaliations.

All seems a bit complicated.
You would think low unemployment would be a good thing, but if it falls below a certain percentage then the labour market becomes constricted (ie. employers can't root around for workers who will work for less) so the existing workers then start asking for more money, which starts to push up inflation (consumers bear the cost of increased wages), so central banks start to nudge up interest rates, which then starts to make the cost of borrowing more expensive, so............etc etc

sentiment is certainly coming to the point where one sells into a rally rather than buy on the dips

long term, shares are still almost certainly the place to be