FTSE 100 Intraday - December

[jaykay3]

What does that mean exactly Bonsai ?

Jay Kay3

 

[mully]

Bonsai,I am around, just down a very long country lane using a simple dial -up and competing with the other half for access. I am intrigued with the FTSE's reluctance to join in the US run, even with the oils kicking in. FTSE250 (cyclicals) also has not drawn any obvious comfort from the spurt in the cyclical Dow Jones. Anyway I post the FTSE100/250 charts to add an element of clarity to wave counting.

re your earlier message- no have found no way to trade FTSE250 directly other than buy a basket of cyclicals.

 

[oatman]

Bonsai, I tried Liffe, it started freezing me up so I abandoned. I'm not that bothered. I'm happy to leave expiry to the "players".

Mully, how does $ depreciation affect the diff between Dow and Ftse etc?

 

[hungrybear]

Inspired by the Ftse/Dow/SnP comparisons I've seen posted, I had a look at the relative prices since Jan 2000. Relative to the Dow value, the are currently about:
Dow: 10250
SnP: 8500
Ftse: 7500

Not accurate figures as I'm not at my main computer and this is from memory. I'll try to post a chart over the weekend.

 

[bonsai]

jk
if you go here , all will be explained.
(I hope)

http://www.ez-pnf.com/maxpain/mpc321.htm

 

[oatman]

Blimey, you need shades to look at that site

 

[jaykay3]

Yes thanks for that Bonsai

 

[bonsai]

us $ on the move ?

 

[bonsai]

4406 on the cash at expiry
up 103 pts

 

[bonsai]

liffe is notoriously slow,imo

I usually give up too.

never say die !

next stop advfn

 

[bonsai]

unexpected ?

on d4f I have Mar trading at a discount to Cash !

 

[jonnyy40]

I'm short overnight on Es but it may be forming a base?Unless it breaks this I may soon exit.

 

[Hooya]

looking like another one of the 1/2/3 trendlines, could be worth a trade on a break of 3?

 

[bonsai]

still looks quite strong
but I have reached the end of my wave count
so like you, I expect, looking for signs of reversal.

 

[Mr Chill]

bonsai

Let us know when you enter a trade and we'll see how
you do . :cheesy:

 

[RogerM]

Interesting comparison of dow and FTSE taken from http://www.snappytrader.com/home.html Bit out of date as was posted last Tuesday. So does the Dow fail at resistance at the top of its channel, or does the FTSE play catch-up? Answers on a postcard please.

 

[bonsai]

lol
I have just put up a postcard for you on my Xmas thread !

 

[bonsai]

new high
this has turned into a channel rather than a wedge.

that's gonna make it more difficult to trade.

could go on extending

4450 well within range now but didnt half take a long time !

 

[bonsai]

its now broken the bottom channel line so that's a good a time as any to sign off.

almost end of year for me

off up country for a while in Aysgarth. Bit of carol singing, log fires and Mistletoe.

If you dont know where it is, I can tell you its a long way from Harrods !

 

[RogerM]

Say hello to the "falls" for me bonsai - lovely part of the country!