Anyone scalping the FTSE Futures??

[Dick Lexic]

looks like your 6318 may be hit, would give ftse cash range of 58pts

some pesky bears at the mo

 

[SuddenDeath]

what is the average daily cash range for Dax?

 

[Dick Lexic]

i've got uncle sam sitting at a reasonable level but we never know with that old grump do we....

 

[Lee Shepherd]

what is the average daily cash range for Dax?

Hi SD,

Please note these are compiled from a small amount of data due to time restrictions but will give some idea. Please also note they are from Spreadbetting prices/platform (IG) and therefore will differ from actual market ranges.

Data taken from no more than previous 3 months on average

Dax - Daily average - 117 - Big moves - 148 - small moves - 90

Dax - Weekly average - 223 - Big moves - 356 - small moves - 132

Dax - Monthly average - 511 - Big moves - 685 - small moves - 260

Obviously this data will differ significantly depending on what time frame you go back to but to keep it pertinent to current climate conditions I have only used the most recent data and no further back than 2 months on Daily, 3 months on Weekly and 6 months on Monthly.

Lee

 

[SuddenDeath]

Hi SD,

Please note these are compiled from a small amount of data due to time restrictions but will give some idea. Please also note they are from Spreadbetting prices/platform (IG) and therefore will differ from actual market ranges.

Data taken from no more than previous 3 months on average

Dax - Daily average - 117 - Big moves - 148 - small moves - 90

Dax - Weekly average - 223 - Big moves - 356 - small moves - 132

Dax - Monthly average - 511 - Big moves - 685 - small moves - 260

Obviously this data will differ significantly depending on what time frame you go back to but to keep it pertinent to current climate conditions I have only used the most recent data and no further back than 2 months on Daily, 3 months on Weekly and 6 months on Monthly.

Lee

Hi Lee

thanks very much for that.

 

[SuddenDeath]

FTSE seems relentless in its climb higher.

Dick Lexic, your 6318 target is great, how about 6342 ?

 

[SuddenDeath]

how about 1530/1550 which is 6355/6438 this is Tim Haefke's view, has been pretty accurate over past 3 months.

1-16-13 Tim Haefke - YouTube

remember the FTSE was 6131 when Tim Haefke came up with 1530/1530 target

17th Jan 1.31pm

 

[samspade79]

Hi SD,

Please note these are compiled from a small amount of data due to time restrictions but will give some idea. Please also note they are from Spreadbetting prices/platform (IG) and therefore will differ from actual market ranges.

Data taken from no more than previous 3 months on average

Dax - Daily average - 117 - Big moves - 148 - small moves - 90

Dax - Weekly average - 223 - Big moves - 356 - small moves - 132

Dax - Monthly average - 511 - Big moves - 685 - small moves - 260

Obviously this data will differ significantly depending on what time frame you go back to but to keep it pertinent to current climate conditions I have only used the most recent data and no further back than 2 months on Daily, 3 months on Weekly and 6 months on Monthly.

Lee

Good data thanks.

 

[SuddenDeath]

Ex-divs to take 17.4 points off FTSE 100 on Feb. 13

 

[Dick Lexic]

FTSE seems relentless in its climb higher.

Dick Lexic, your 6318 target is great, how about 6342 ?

yes if we get pull back here then wave 5 wave target is 40/50ish

might just plough into pastures green

 

[Talbs!]

Feel like we have had the consolidation/pullback and now a push higher is in progress

 

[Dick Lexic]

will dow break the big 14?

 

[zorbas]

Feel like we have had the consolidation/pullback and now a push higher is in progress

Hi All,

I have the same feeling.

Oil also is pushing into new highs, which could be seasonal to a degree.

 

[SuddenDeath]

Hi All,

I have the same feeling.

Oil also is pushing into new highs, which could be seasonal to a degree.

Hi Zorbas

crude tends to bottom mid february and climb afterward

Crude Oil :: SeasonalCharts.de

 

[chimpmagnet]

Ex-divs to take 17.4 points off FTSE 100 on Feb. 13

Thanks - this is good to know because I often get stung when holding a short position when dividends are taken off. The price adjustment never seems to work evenly (/fairly).

 

[SuddenDeath]

art cashin on cnbc now, saying dow is at important trendline.

 

[Dick Lexic]

A two way split on the US/European markets for Friday 8th Feb 13.

The US sits over some crucial levels but is reluctant to move higher while Europe sits under some crucial levels but is reluctant to move lower. Both markets are very close to these levels and I don't think it would take much for one to tempt the other over.

On the shorter term both these markets have indicated more upside is likely although the FTSE would need to build up a lot more steam.

meters pretty evenly balanced now......

 

[Talbs!]

Art Cashin always such an old bear ! always on Zerohedge ! markets are struggling on the open though thought we wouls have a go at 14k at least ! Treasuries very bearish keep an eye out for the 12 level on the march future this goes u will see a pop in risk.

 

[SuddenDeath]

how often can FTSE be up more points than Dax?

47 versus 29

 

[SuddenDeath]

Thanks - this is good to know because I often get stung when holding a short position when dividends are taken off. The price adjustment never seems to work evenly (/fairly).

17 points is a big ex divi amount.