Anyone scalping the FTSE Futures??

anyone see a 5 month ftse neckline at 6260 ?


Dick it makes u wonder why doesn't the plunge protection team tell him to stop it ?
 
Talbs! said:
Morning Guys !

i hate to blow my own trumpet, but i did say this was gonna happen yesterday ! gaps everywhere this morning !
Click to expand...

credit where credit is due you called it right yesterday. spot on sir. I am nursing my wounds here..
 
260 to hold ...dow to take back 15100 ....getting close to q end so looking for signs of reversal around here ...if not could spark longer term downtrend ....upside targs still look good ....waffle targ ftse 350:)

it could all fall to bits of course ....nibble nibble
 
Dick Lexic said:
260 to hold ...dow to take back 15100 ....getting close to q end so looking for signs of reversal around here ...if not could spark longer term downtrend ....upside targs still look good ....waffle targ ftse 350:)

it could all fall to bits of course ....nibble nibble
Click to expand...

Dick i would guess at 6200/180 as the lows

Vix did not surge on yesterdays dow 206 plunge.
 
6224 = dow 15,000

sp500june bullish on 2 hour chart , has been above 1623.7

and now has been below 1620 so becomes bearish.
 
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Buying dax here at 8005 !

people still long those june 1670 calls in S&P , quad witching also, could see this thing rally ! lots of people stopping out of long this morning keeping mkt offered
 
wonder if bustech's "walking the dog" strategy has any bearish elements?

bloom, every single ftse stock is down except LLOY

yesterday all dow 30 stocks were down. kitchen sink stuff

two closes below ftse neckline opens up 5650

HSBA losing 694 was warning signal
 
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SuddenDeath said:
wonder if bustech's "walking the dog" strategy has any bearish elements?

bloom, every single ftse stock is down except LLOY

yesterday all dow 30 stocks were down. kitchen sink stuff

two closes below ftse neckline opens up 5650

HSBA losing 694 was warning signal
Click to expand...

No good we got talking to the girl's

Missed the London open.
 

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i think we have to give wernluck credit where it's due as well

here's my attempt at the dax
 

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morning all.hope all enjoyed the volatility:
fantastic falls on AUS!
1 hour FTSE broke through the median line of latest PF..
look at how well that median line isresonating with price(black circles)
all the lines of a PF are trend barriers..once price falls through a line it is often backtested
sometimes providing secondary entries in direction of trend.Lets see..
we have new lows,so that means we have a confirmed swing high at leas green line..
sellers have stepped down drom around 6400 to around 6350
still looking to sell pullbacks..so as soon as price starts making a rally i will look to draw in a corrective PF,using alternating pivots and look for price to reach its median line for new shorts.
2zfppc8.jpg
 
Dick
so that is the FTSE and DAX tagging their PF median lines.
There are definite stats associated with PF's(as opposed to channels,etc)
80% of the time price will reach the median line of a PF..
Also the PF lines are trend barriers so can act as price targets..
 
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