Why is the FTSE so slow today!

[ip2012]

Is this just the calm before the storm? I would have thought that any uncertainty would lead to a sell off rather than everyone holding tight. Very little movement today at all, and the DOW was the same last night.

I'm tempted to have a small short with a wide stop at 5950 because the longer this goes on the more chance I think it'll collapse back to pre-Christmas levels

 

[Splitlink]

Is this just the calm before the storm? I would have thought that any uncertainty would lead to a sell off rather than everyone holding tight. Very little movement today at all, and the DOW was the same last night.

I'm tempted to have a small short with a wide stop at 5950 because the longer this goes on the more chance I think it'll collapse back to pre-Christmas levels

It's, still, 40 odd points above yesterday's low, although, as you say, it does not want to beat the high of Jan 3.

Hey! Who knows Indices are, always, full of surprises ! I don't forecast much beyond the day's close.

 

[Mornington Crescent]

you probably need market profile to see what is happening

but after a sizeable rally, it takes time to get used to the new levels
and decide whether to accept them or reject them

traders are human after all

 

[Dick Lexic]

well it ain't as slow as this site today....taking ages to open pages