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

..can suggest to certain minds...of course..to some of them like experts will do f ... all..lol

Hello goldfinger,

Cheers, I should've put my post differently; the oscillator from December:

There is the initial low, up, shallow dip, then back to up; is the bottom of the dip considered a low?

Thanks,
KidA

Kida the low is that 2nd green candle from the right in that downtrend channel,

The low coincided with the open, in other words the market gapped down on opening and then recovered during the rest of the day but closed off its highs hence the wick on the candle top.

Hope that helps, difficult keep having to move backwards to check whilst Im holding this lap top on my chest LOL.

Cheers, I'll let you get back, thanks.

No probs, cheers.

Skinny, with Greenshot it seams the same as printscreen to be honest. Its just what the company IT people have installed so I use it.

+117 pts made on facebook short now closed. One more position open..

Nice one Shortie.

Yep well played shortie.

Helps to offset my DAX short punishment!! Mind you I'm holding as I still think they'll come good.

Support about to give way or oversold??? One to watch..

U.S. economy grew 4.1% in third quarter, according to government's final report.

New high on the DOW.

Indeed indeed.

Santas here cynic.

Just need WMH to waken up now.

Buyers Step in After 10-Year Treasury Yield Hits 3-Month High

Think I'm going short DOW then..

09:24 EST - Pressure on middle-dated Treasurys shows how Yellen might face an uphill battle soothing investors about interest rates. Friday's strong revision of 3Q GDP adds to bondholders' anxiety that if economic growth accelerates, the Fed might speed up tapering and bring forward the timing of its first rate hike. "It is a reflection that the market seems to believe that Fed will have a difficult time holding zero interest policy in place if the economy is in fact improving," says Larry Milstein at R.W. Pressprich. Still, the pace of the rise in yields has been moderate compared to the May-June selloff. Buying interest near 3% has tempered the rise, and ten-year notes recently swung positive, up 5/32, yielding 2.909%.

Short FTSE @6,615.8

Hmmmmmm yep was reading about above last night on Yank boards 3% being the warning sign.

For sure the MMs on the LSE are being very stingy today, either that or they are all in wine bars on the xmas pith.

Perhaphs when they get back the FTSE will go berserk upwards.

Or downwards!!

UP UP UP UP UP.

Im blowing it up. phew out of breath.