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

3% down

Ftse just diving at the moment.....never thought this autumn would spring this....have to say....

I took a small loss on FTSE 100. Looked like a rversal candle on Tuesday

Didnt work out.

But now the question is where do we pause 6900?

cash dow is indicating another fall of 330+ and is currently sitting at 25,285

if that proves to be true say 30 minutes after the opening, then even further heavy blooodletting could ensue

FTSE 100 put toe in the water below 7000

Back to 1999 levels

Dow 10400 back then.

Sorry for history lesson but UK has not performed that well.

DOW
totally nuts
down about 700 i think at one time and also back to level and then finished -550 or something daft, with final nonsense after hours of +140 from closing level to 25,200

DAX
looking healthy for the first time is ages, having just cracked north of 11,700
can it hold it through to the morning?

DAX
now trickling back towards the 11,700 level, so depending on how weakly DOW opens, it may be worth a modest long

all markets now crumbling/crashing again :-(

A bad month so far

truly awful :-(

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Not to worry chaps we are due a serge in the last couple of days of October.

Isn't that what the 'flat cap & whippet brigade' wear? You must be from 'oop norf' Stan? ;o)

nope - just army uniform

anyway, it takes a very brave or foolish man to play these current markets .... they're truly scary

Italians now got a decision to make.

Stick or twist

So the rumour goes to the first one and for the second, not any more Harry as it's too grim up north.😀

DOW collapsing yet again (-245) so taking all others with it

650 down

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