cynic
- 20 Oct 2007 12:12
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
Claret Dragon
- 16 Jun 2015 07:34
- 17841 of 21973
Will someone string this Greek Bow?
Its beginning to get a bit too messy now.
cynic
- 16 Jun 2015 08:42
- 17842 of 21973
another vile day in prospect with a little quick trading in/out being the only sensible way to play if at all
Claret Dragon
- 16 Jun 2015 08:46
- 17843 of 21973
Agreed
Now broken last support back in March on FTSE 100
cynic
- 16 Jun 2015 11:06
- 17844 of 21973
quite tempting to have a dabble at current levels - 6670 and 17700 - but as i am buzzing about a bit, shall resist
Claret Dragon
- 16 Jun 2015 11:24
- 17845 of 21973
17605 is my target for today
cynic
- 16 Jun 2015 13:21
- 17846 of 21973
17844 looks to have been a better call at the moment :-)
Claret Dragon
- 16 Jun 2015 15:55
- 17847 of 21973
Good Shout on 17844
cynic
- 16 Jun 2015 16:10
- 17848 of 21973
the levels then were always good risk/reward but i shan't be greedy ...... actually took a small ftse long at 6672
=========
now out at 6721 on the basis that 6723 was a failed support so may now prove a resistance
Claret Dragon
- 16 Jun 2015 16:33
- 17849 of 21973
I have been blind sided with all the Greek chatter.
Made it and lost it.
cynic
- 16 Jun 2015 20:58
- 17850 of 21973
a good day today, but it still looks potentially weak with FTSE still struggling and failing to break north of 6723 even with DOW popping 100 points or so
Claret Dragon
- 17 Jun 2015 11:22
- 17851 of 21973
Morning Glory soon went
jimmy b
- 17 Jun 2015 11:33
- 17852 of 21973
Looking for a bounce today/tomorrow ........
Claret Dragon
- 18 Jun 2015 10:28
- 17853 of 21973
No let up yet
cynic
- 18 Jun 2015 10:45
- 17854 of 21973
nor likely to be i'm afraid until this greek tragedy unwinds, though there will assuredly be quick bounces along the way as indeed there was last night in USA - up about 85 at one point
cynic
- 18 Jun 2015 10:52
- 17855 of 21973
FTSE
6672 is now becoming a quite serious hurdle (currently 6639)
DOW
plenty of volatility if you want to play
currently 17917 with 18,000 or a tad higher likely to be a stumbling block, but 17,686 is the next downside possible support
jimmy b
- 18 Jun 2015 16:32
- 17856 of 21973
Bounce but not as big on the FTSE as i thought .DOW now up over 200 pts .
cynic
- 18 Jun 2015 20:05
- 17857 of 21973
FTSE
was out most of the day but see FTSE clambered to 6743 at one point, but yet again fell away to 6703
though it is currently +10 on cash, that is still below the important 6745 level
if DOW stays strong until and through the close, ideally above 18112, then just possibly there'll be a break north for FTSE too
deltazero
- 18 Jun 2015 22:36
- 17858 of 21973
its all greek to me lol - fantastic opps
gla
cynic
- 19 Jun 2015 07:30
- 17859 of 21973
cash DOW is now sitting right on the cusp at 18,112
today could be pretty lively with the indices whizzing all over the place depending the prevailing mood of the moment with regards to greece
deltazero
- 19 Jun 2015 07:53
- 17860 of 21973
indeed and yes it is worth keeping in mind that back in history certain greeks themselves called their own people 'lazy fat gluttons' - nothing seems to have changed but is a helpful indicator to today's dilemma in greece and a pointer imo - also the eu could well crumble.......... all empires and similar are temporary only........................... always fall eventually