Anyone scalping the FTSE Futures??

[SuddenDeath]

good morning bustech and good morning everyone.

was yesterday in US just some backing and filling, or something more serious

SP500 june 7pts above buy pivot.

Dow cash close = 6585 FTSE,

FTSE cash close = 1630 sp500 june

 

[Dick Lexic]

can't see much change ...all waiting for ben i suppose ....nas has gone neg

580 still in play i think

 

[SuddenDeath]

morning Dick Lexic, Dax 8311 + 53

 

[Dick Lexic]

morning Dick Lexic, Dax 8311 + 53

yes another 10 tops

 

[zorbas]

Morning All

Dax is shooting up ....

 

[Dentalfloss]

bearish when it hits the trendline and takes it out
minor bearish at red line...50% of the upmove around 15050 area
5 min data
15 point box size by 3 close data

as we said ..yesterday afternoon
minor bearish at 15050 level
that got hit and we got the bounce as expected

 

[Dentalfloss]

now ..there is a new minor uptrend that started on the bounce from 15050 area
we can track that on the 1 minute ,or better still..tick data

 

[Talbs!]

Uber bullish this am on weak JPY still no reason behind that but there you go, not sure where the postman has got to, think he has delivered us a dodgy package! Still think we are closing in on a top !

 

[Dick Lexic]

looks like someone opened the gate and let the bulls out again

 

[SuddenDeath]

strange strength in markets when u see that EURUSD is weak and VIX rose yesterday

although the pivots on SP500 june indicating bullishness

 

[Dentalfloss]

50pips has 8326 as a major res on dax
and we got a nice 100 point rally on dow ..50% area

 

[samspade79]

50pips has 8326 as a major res on dax
and we got a nice 100 point rally on dow ..50% area

You mean major support

 

[Talbs!]

This is my point of view, but i think this move overnight being reported as jpy weakness, but i think the way treasuries are going its USD strength, think someone has hold of what bernanke is going to say today, do i dare say it "tapering QE" USD goes bid Treasuries tumble, but stocks will also, so if im right the equities have this move wrong. we will find out at the end of the day !

 

[samspade79]

The way this market is, ben could ask for all his QE money back and we'd still pop.

 

[SuddenDeath]

agree talbs think someone may have prior knowledge of bernanke speak, or they could be running it up to crash it?

 

[Talbs!]

always look on the bright side of life................. i hope he does pull the plug want to see some bulls butchered matador style !

 

[SuddenDeath]

You mean major support

 

[Talbs!]

wonder if someone has leaked the text of bernanke's speech?

Yep exactly what i was saying, but equities should be tanking !

 

[samspade79]

Yep exactly what i was saying, but equities should be tanking !

Unless his speech says he says no reason to end QE this year.

 

[Talbs!]

Unless his speech says he says no reason to end QE this year.

But then the usd wouldnt be going bid and treasuries wouldnt be getting smacked !