Anyone scalping the FTSE Futures??

1960-1962 on S&P could be a good place for a reversal..would need to watch DTOSC/MACD on H4 and H1 for confirmation.
 
From SB company shows the global variance in markets.
Month-to-date (in USD terms to create a level playing field) the China CSI 300 is up 8.3%, Hang Seng +7.1%, ASX 200 +3.8%, Nikkei 225 +2.5% and Jakarta index +6.8%. Turning to the West, in the same time the S&P 500 is up 0.5%, FTSE flat, DAX -3.8%, IBEX -2.2% and Eurostoxx 600 -3.2%

US GDP before the open and FOMC couple of hours before the close.
 
From SB company shows the global variance in markets.
Month-to-date (in USD terms to create a level playing field) the China CSI 300 is up 8.3%, Hang Seng +7.1%, ASX 200 +3.8%, Nikkei 225 +2.5% and Jakarta index +6.8%. Turning to the West, in the same time the S&P 500 is up 0.5%, FTSE flat, DAX -3.8%, IBEX -2.2% and Eurostoxx 600 -3.2%

US GDP before the open and FOMC couple of hours before the close.

Interesting stuff

Any idea who the leaders and laggers are (east or west)

Short Hang seng looks a no brainer if east follows west! :idea:
 
Interesting stuff

Any idea who the leaders and laggers are (east or west)

Short Hang seng looks a no brainer if east follows west! :idea:

Think they all lead at different stages of the year.
Seems to be money coming out of the west and going to the east at the mo.
Changes in the laws of the China share market, plus the word is that global funds are under weight China shares.
Got the monthly charts for HK and AUS and you can see how important the break is.
Both markets should be higher at year end, with pullbacks along the way.
 

Attachments

  • HK.PNG
    HK.PNG
    31.5 KB · Views: 101
  • ASX.PNG
    ASX.PNG
    33.8 KB · Views: 97
The Earning Season continues to support the rising markets.
Twitter has presented exceptional results, beating analyst estimates and today the market will be impacted with a day filled with relevant news.
Geopolitics and the direction of U.S. interest rates are the major risk factors.
 
fast and furious moves. Traded the move up on DAX at the news release
 
Last edited:
The good news from twitter is going to mean rampant speculation in social media/internet stocks. This is not a good thing from a valuation perspective. Also healthcare is still being pumped far too much. Fortunately, this doesn't affect the Dow too much, which has enough vol of its own.
 
The good news from twitter is going to mean rampant speculation in social media/internet stocks. This is not a good thing from a valuation perspective. Also healthcare is still being pumped far too much. Fortunately, this doesn't affect the Dow too much, which has enough vol of its own.

The Bubble of all bubbles getting more hot air!!:(
 
11 minutes to go till Fed announcement.
I'm long Dow at 16,859 average at £40/point - having started buying long from 16,912!, fingers crossed!
 
Top