Anyone scalping the FTSE Futures??

[12WBT]

Morning.
Strap your seatbelts on were coming in to land.

Thought when this passed over night.
DOW futures would jump.
But no.

http://www.bbc.com/news/world-us-canada-30443960

 

[postman]

This isnt too bad really Dax is only 300 points below its all time high and Dow 500 points.
Thats nothing considering yesterdays range on dax was 150 points and Dow 220.
We could be at all times highs again in 2 days!

 

[postman]

Thought when this passed over night.
DOW futures would jump.
But no.

http://www.bbc.com/news/world-us-canada-30443960

I think the overnight 'funny money', 'run your stops' prices have marked the lows on Dax. IMO it stays above 9720 this side of Christmas.

Dow, I have support at 17480 and it missed that by 10 points today so maybe a bit more downside on the open.

But hey were all just guessing.

 

[postman]

If Dax opens at 9775 and goes up thats an inverted head and shoulders.

 

[postman]

A low of 9763 is a double bottom.
Anything below that says further downside.

So I'm long dax 9772 with a 25 point stop holding for the day.

This could be over very quickly.

 

[tar]

Morning

Daily candles look bearish for now ...

 

[postman]

Morning

Daily candles look bearish for now ...

Whats a Bear? Didnt they all die off years ago.

 

[postman]

A low of 9763 is a double bottom.
Anything below that says further downside.

So I'm long dax 9772 with a 25 point stop holding for the day.

This could be over very quickly.

Boom!
Worth a shot.
50 point down move in 6 minutes.

 

[ffsear]

morning

 

[tar]

Whats a Bear? Didnt they all die off years ago.

No

 

[barjon]

This isnt too bad really Dax is only 300 points below its all time high and Dow 500 points.
Thats nothing considering yesterdays range on dax was 150 points and Dow 220.
We could be at all times highs again in 2 days!

mmm, yesterday DOW up 220 then back down by 160. Can a genuine market behave like this? FTSE clearly didn't think so - when DOW went up around 180 from its open FTSE just put on a measly 30. All corrected this morning though

 

[Dentalfloss]

morning

mornin
have you tried the Hinden Burger with cheese and pickle ?

 

[postman]

mornin
have you tried the Hinden Burger with cheese and pickle ?

Washed down with a Guinness shandy.

 

[postman]

That black swan is due to oil.

You see what I did there? :cheesy:

 

[Dentalfloss]

usd rouble
chart pattern "running man "

 

[Dentalfloss]

posted on twitter

 

[counter_violent]

We need to remember that fund managers adjust portfolios and book their profits at yr end. Looks like the race to book may have contributed to the declines.

Looking at the legs in the recent declines. If this is the third leg on a 4hr time frame, I'd say it's not over yet...just part way through leg three !

 

[tar]

We need to remember that fund managers adjust portfolios and book their profits at yr end. Looks like the race to book may have contributed to the declines.

Looking at the legs in the recent declines. If this is the third leg on a 4hr time frame, I'd say it's not over yet...just part way through leg three !

Just 5% drop from the top will get us to around 1970
...

 

[postman]

Youve got to think S&P is mad enough to test 2000 today its only 35 handles and we've done 15 already pre market.
Thats a nice fall from 2055.

 

[counter_violent]

Just 5% drop from the top will get us to around 1970
...

Yep...I'm eyeballing 17,200 on Dow cash....quite doable I recon !