Anyone scalping the FTSE Futures??

done loads of research on the virus.figures are under reported globally and its not being contained properly.
hence huge gap today.
 
Now thats the plunge taken care of - bear flag complete

Next Q = is there more to come??

Oil is key I think.
No agreement at the last meeting.
Oil price war ensues.
Covid19 spreading like wildfire.
Loss of confidence.
Investors liquidating positions.
Central banks recent rate cuts totally ineffective.

Really hard to see upside with all this going on.
 
Oil is key I think.
No agreement at the last meeting.
Oil price war ensues.
Covid19 spreading like wildfire.
Loss of confidence.
Investors liquidating positions.
Central banks recent rate cuts totally ineffective.

Really hard to see upside with all this going on.

I’m long gold for a swing trade and short indices particularly ASX. The current situation will only (apologies for sounding like a broken record) resolve when COVD-19 “normalises” and people start getting on with their lives and living with it. It will be the best buying opportunity of the decade when it turns round. I think we will have another 3 -6 months until sentiment changes with light at the end of the tunnel. The policy will be containment and slowdown to allow health facilities to try and cope - early stages atm so another 3 months as they test and adjust.
 
Dow down 1100 points and flat for 2 hours.
I'm long 24762.

Good luck Postie.... under current conditions I would be either short or flat. You might get a bounce though off that level. I think we are inverted from BTFD atm!
 
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