FTSE 100 (Futures) - Trading Tips

[TZ Futures]

UPDATE @ LONDON TIME 15:43

FTSE 100 (DEC)

Current level: 5160

There is substantial support for the FTSE 100 (DEC) at 5143 and trend support (the most important level) at 5130 for today. If this level breaks today prepare for the worse and target 5050 next for starters.

Resistance today is at 5238.

 

[TZ Futures]

Update: 15:58

Get ready for a temporary rally on the markets in London after the close. I would short the FTSE 100 (DEC) at around 5238 if it reaches this level.

 

[TZ Futures]

Update: 19:36

As predicted, Wall Street has forced a rally.
However, wait for the FTSE Futures to hit 5238 before going short again with a target of 5200 in the short term.

 

[TZ Futures]

23 Oct 2009 : FTSE 100 (DEC) TRADING TIP

UPDATE 07:24

Expecting a strong open after the Dows rally last night.
Current Level: 5223
Resistance: 5275
Trend Support: 5140

Go short if reaches near the resistance area of 5266-5275 and target 5200.

 

[TZ Futures]

Update 11:53

Very quiet day so far, markets waiting for Microsofts Q3 results. If it doesnt beat the estimates of 32c earnings and sales of $12.4 billion, markets WILL take a turn and come back down.

Lets wait and see at 1:30pm UK Time.

 

[TZ Futures]

Update 14:05

Great results from Microsoft pushing the Markets even higher as I write. Great opportunity to short the FTSE at current level of 5273 with a target of 5225 (possibly by this evening when the wall street nears close)

 

[TZ Futures]

Those of you who took my advice above would have done well for yourselves.

Next week, I am a little concerned about markets which is running out of steam and large cracks are starting to appear. I expect a correction but the bulls will still try and fight every so often making the markets even more volatile. Prepare for a rough ride.

Lakhan

 

[DRSSKUMAR]

I found this Tread is Extremely Useful for Traders on FTSE 100 Futures and option--Especially market is so volatite during the earning season--Please keep up yoor good work.

 

[DRSSKUMAR]

AWAITING YOUR TRADING TIPS ON Ftse futures for this week

 

[TZ Futures]

FTSE 100 (DEC) Trading Tips : 26 Oct 2009

Update 08:23

Current Level: 5235
Support: 5140
Resistance: 5275

What a volatile week we had last week, 1 day up, next day down...
However, we have still managed to keep above the main supports, which today are 5160 (Trend Support) and 5140. But also below our important resitance level at 5275 which was spot on on friday, before we sold off.

As long as we stay above both supports, the market is still going up. If these levels break prepare to sell off down to 5050 pretty swiftly!

 

[TZ Futures]

Update 13:38

It looks as if we are waiting for the US to lead the way (again!). Current signals are showing we may get a small rally, if we do, hopefully we will stay up for longer than 24hrs!

 

[TZ Futures]

Update 15:45

Well we had our small rally but was only short-lived! FTSE (DEC) went up to 5259 before crashing down to currently 5174.

where next?
As long as the support levels hold (5160 and especially 5140), we will see this as another buying opportunity.

 

[TZ Futures]

Update 19:18 GMT

Prepare for a possible further sell off before Wall Street closes shortly. Signals are pointing south...so get your shorts on!

 

[Manya1983]

Lakhan is DRSSKUMAR a relative of yours from your mothers side or fathers side?

 

[TZ Futures]

FTSE 100 (DEC) Trading Tip : 27 Oct 2009

Update 08:00 GMT
Current Level: 5170
Support: 5135
Resistance: 5202

Yesterdays sell off could have been a trigger to go short all the way down to around 5050, which is still possible but lets wait to see todays action. Our lower support level had held and the FTSE only got down to 5136. If this level is broken today, we would definately side with the bears.

 

[TZ Futures]

FTSE 100 (DEC) Trading Tip : 28 Oct 2009

Update 07:45 GMT
Current Level: 5165
Support: 5135
Resistance: 5210

We got down to 5151 after the poor US data yesterday afternoon, but bounced straight back up shortly afterwards. So our support at the moment still remains firm, however, I expect this to break in the next day or two and when it does we will see a big reation and a move down to 5050.

If we close above 5210 today, the risk to the downside will be forgotten for a while. I would still prefer to short this when in the 5200+ mark and target 5150.

 

[TZ Futures]

FTSE 100 (DEC) Trading Tip : 29 Oct 2009

FTSE 100 (DEC) Trading Tip : 29 Oct 2009
Update 07:45 GMT
Current Level: 5035
Support: 4965
Resistance: 5090

We got our break yesterday going through the important supports we talked about and got to a low of 5050 at first in the afternoon then carried down to 5014 later in the day.

So far poor economic news has dominated the markets an there may be more to come today as we get the all important US GDP and US Jobless figures today - both at 12:30pm UK time. However, I believe it will be a mixed picture with GDP better than expected but jobless claims worse than anticipated.

Based on this, I do not think we will get above 5090 today and will go short on any bounces and target 4975-4965.

 

[TZ Futures]

FTSE 100 (DEC) Trading Tip : 30 Oct 2009

Update 07:45 GMT
Current Level: 5120
Support: 5085 + 5025
Resistance: 5140 + 5201

The bulls were back yesterday especially after the fantastic GDP numbers. We have a slew of US economic news coming out from 1:30pm UK time, but should not have too much of an affect today. We are currently neutral to bullish but will wait to see if 5085 holds and see if the bulls can get over 5140 as an initial target.

 

[TZ Futures]

FTSE 100 (DEC) Trading Tip : 02 Nov 2009

Update 07:00 GMT
Current Level: 5006
Support: 4965, 4923, 4825
Resistance: 5045, 5075

All the gains from thursday were totally wiped out on friday and headed even lower. Breaking both important supports, we are totally bearish but not without a few bulls trying their luck every so often.

I would short at the first hurdle of resistance at 5035-5045 and target 4975-4965.

 

[TZ Futures]

FTSE 100 (DEC) Trading Tip : 03 Nov 2009

FTSE 100 (DEC) Trading Tip : 03 Nov 2009
Update 07:30 GMT
Current Level: 5027
Support: 4965, 4923, 4879
Resistance: 5082, 5146

I will now highlight important levels underlined as above. If these break expect a huge reaction.

Volatility Index rose by another 3% yesterday, making these markets extreme conditions to trade in. Although the overall picture is still down, our resistance levels get hit before reversing again. I am neutral to bearish at this stage and will still close any long positions and go fairly short on any strength today.

Below 4923, its totally bearish.
Above 5146, its bulls all the way.