£/$ seems to have it a 5th of something but impossible to count the whole sequence from the bottom.
that may influence things over the next day or two.
don't follow Tom ; and don't want to
there are enough misleading influences around as it is.
edit
sorry if that sounded a bit grumpy
but these guys are all a waste of time (and effort)
and there seem to be a plethora of them wandering the internet
and he is only one. And they are nearly all selling something.
that may influence things over the next day or two.
don't follow Tom ; and don't want to
there are enough misleading influences around as it is.
edit
sorry if that sounded a bit grumpy
but these guys are all a waste of time (and effort)
and there seem to be a plethora of them wandering the internet
and he is only one. And they are nearly all selling something.
Last edited:
leeshindig
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h...
out of interest what is your rsi set at?...14 or something else?
Lee
out of interest what is your rsi set at?...14 or something else?
Lee
despite the 'disappointing' performance of ftse over the last few days, we may have found some sort of support now ?
here is an update of my chart .
I am told that the late bounce on friday is bullish as the pros control the close.
but it could be just another old wives tale.
certainly a break of the fan line would have to be considered bearish.
here is an update of my chart .
I am told that the late bounce on friday is bullish as the pros control the close.
but it could be just another old wives tale.
certainly a break of the fan line would have to be considered bearish.
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barjon
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Strong candle on Friday but a bit of a retreat as that resistance
area hove into view. The pattern of the week as a whole has a
positive air about it but there is that resistance area to conquer?
ps: lost 4 & 3
but went on to salvage the back nine
pps: did you notice coppock passed 0 at the end of the year. So
long term followers will have stopped buying the market??
area hove into view. The pattern of the week as a whole has a
positive air about it but there is that resistance area to conquer?
ps: lost 4 & 3
but went on to salvage the back nine pps: did you notice coppock passed 0 at the end of the year. So
long term followers will have stopped buying the market??
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Last edited:
Team, I'm off site this week as it is half-term
and therefore I have to do my bit to entertain the children etc.
So postings will be reduced.
Re FTSE250. It is a reflection of midcap stocks
and therefore it says nothing about the FTSE100
with it weightings in defensive Pharmaceuticals,
Oils or Financials.
Unlike the FTSE100, the FTSE250 is more cyclical
in exposure (technology, industrials) and, therefore,
a much more accurate indicator of the "reflation play"
that is currently pushing global markets higher.
Note its better fit with overseas indexes compared
to the FTSE100.
As such, I use the index as an indicator
as to when to play cyclical stocks
such as SPT, ARM, RR, BAY, ICI etc.
I do not use it as an indicator of the FTSE100. That is what the FTSE100 is for!!!!
However, when I want to play oils, pharms or Financials stocks
I use the FTSE100 as the appropriate yardstick.
Hope that helps.
and therefore I have to do my bit to entertain the children etc.
So postings will be reduced.
Re FTSE250. It is a reflection of midcap stocks
and therefore it says nothing about the FTSE100
with it weightings in defensive Pharmaceuticals,
Oils or Financials.
Unlike the FTSE100, the FTSE250 is more cyclical
in exposure (technology, industrials) and, therefore,
a much more accurate indicator of the "reflation play"
that is currently pushing global markets higher.
Note its better fit with overseas indexes compared
to the FTSE100.
As such, I use the index as an indicator
as to when to play cyclical stocks
such as SPT, ARM, RR, BAY, ICI etc.
I do not use it as an indicator of the FTSE100. That is what the FTSE100 is for!!!!
However, when I want to play oils, pharms or Financials stocks
I use the FTSE100 as the appropriate yardstick.
Hope that helps.
leeshindig
Active member
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cheers
This was in their e-mail
Does it make sense to you ?
------------------------------------------------
Monday 16th February (Presidents Day):
NDAQ100 ceases trading at 16:30 and resumes trading at 23:30
SPX500 ceases trading at 16:30 and resumes trading at 23:30
US30 closed all day
UK100 ceases trading at 17:30
GERMAN30 ceases trading at 19:00
Does it make sense to you ?
------------------------------------------------
Monday 16th February (Presidents Day):
NDAQ100 ceases trading at 16:30 and resumes trading at 23:30
SPX500 ceases trading at 16:30 and resumes trading at 23:30
US30 closed all day
UK100 ceases trading at 17:30
GERMAN30 ceases trading at 19:00
well globex closes at 10.30am US time so I guess that covers
the spx but not sure about Ndaq??? Dow futs are traded at CBOT???? which is closed all day.
FTSE will finish at 5.30 because there will be no US price to peg it against. then at 11.30 uk i,e 5.30 US globex starts trading agin. Seems ok to me..... i think
the spx but not sure about Ndaq??? Dow futs are traded at CBOT???? which is closed all day.
FTSE will finish at 5.30 because there will be no US price to peg it against. then at 11.30 uk i,e 5.30 US globex starts trading agin. Seems ok to me..... i think