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

USD ISM Manufacturing PMI 54.8 v consensus 53.0 previous 53.4

a break with impetus through 13265 was a buy signal for the dow .... now about 13310 so judge for yourself

Something to take into account is that WTI is now above $106 us dollars with the dow rising......US recovery taking place ?.....looks perhaps like it...

a comparatively dull finish but still stayed above 13265 - just

ADP Non-Farm Employment Change 119K v consensus 178K previous 209K

GBP Services PMI 53.3 v consensus 54.4 previous 55.3

Looks like we are heading up again!

USD Unemployment Claims 365k v consensus 381K v previous 388k

Samsung to launch next Galaxy phone at London event

Samsung will put the rumours and alleged leaks about its next flagship smartphone to rest when it unveils the handset in London later on Thursday.

More than 20 million copies of the existing Galaxy S2 have been sold since its launch in April 2011.

Analysts say its success helped Samsung overtake Nokia to become the world's best-selling mobile phone maker.

Just wondering if the next push for the markets is imminent;

This alternative outlook doesn't show so much upside;

Euro might be about to gain a bit of strength (note this is the daily chart, short term weakness first)

Complex corrections, very difficult to label in advance. This is a different count, but very similar to post 8107. I guess that would leave my bias as 'up' short term, but lots more downside yet. Due to the constant conflict i will limit the updates!

Bit of a grim day!!! Anything from 2% - 5% down on most of my watchlist :-(

a really nasty day ... should have stayed at the golf club!

I wish I had stayed in bed.

a fair while since we had this bad a day and not what one would have liked just before a long w/e

My feelings the sooner the market closes the better.

Especially, as I have a few long SBs.

I wouldn't have thought the USA data was that bad.
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Not a good day.

The non farm figs followed by Canadian PMI and its a touch of Status Quo.

I will stick this chart up, as it gives a likely target for today, if indeed it is a non bounce day (as looks the case);