Anyone scalping the FTSE Futures??

Might not get this level. Done and dusted for the weekend.

You can try to trade the trend, get shaken out, with nothing to show for being right on the call direction.

Or you can wait for levels, pounce when everyone one else is cacking their pants, and with a high probability, have a chance each time to get a go at a reversal. Even when they dont go, you can bag 20 or 30 points as compensation for your efforts.
 
The sharp reversal of the financial sector’s trend, last friday, can be explained by the fact that the good results of some of its members could have been anticipated by the increases that their stocks achieved in previous sessions.
 
It seems war is now 'good' for the US markets, whilst still bad for the rest of the world. :whistling
 
I think everyone was surprised/relieved at how limited the Western Allies' actions were. Clearly, it was just a token gesture - nobody wants to rattle Russia's cage and get too involved in a very complicated, messy situation.
 
European markets closed higher, having been helped in part by the positive trend seen on Wall Street. Producers of raw materials have distinguished themselves by being among the best performers, as it is a sector very exposed to China and today favorable data on this economy have been known. In the first quarter, the GDP of this country grew 6.80%, marginally exceeding the forecasts of 6.70%. In addition, retail sales increased by 10.10% in March (vs. 9.70% est.) And industrial production by 6% (vs 6.30% est.). In the first quarter, investment in fixed assets rose 7.50%. On the contrary, companies related to household items were penalized by the fact that Credit Suisse reduced its recommendation from 'neutral' to 'underperformance'. On the macroeconomic level, the Zew sentiment index for German financial agents fell for the third consecutive month to -8.2, the lowest level since November 2012.
 
The oil companies were among the best performers. Total rose more than 1.50% after agreeing to buy competitor Direct Energie, an operation valued at 1400 M. €.
 
The closing of European markets in today’s session was not uniform in terms of stock exchanges and sectors of activity, although with contained fluctuations. Business results remained the theme of the day.
In macroeconomic terms, the number of weekly applications for unemployment benefits reached 232 000, more than the expected 230 000. On the other hand, the Philadelphia Fed’s economic activity index stood at 23.2 in April, above the estimated 20.0, while the advanced economic indicators for March registered an evolution of 0.30%, a behavior in line with the expected.
 
The price of oil was reversed in today’s session, influenced by the tweet of US President Donald Trump, who says that OPEC kept prices “artificially very high” and “would not accept it.” The major oil companies ended today’s session with slight losses.
 
Stocks nosedived today (Tuesday), with the Dow Jones industrial average sinking 600 points at session lows.
 
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