Anyone scalping the FTSE Futures??

[postman]

what's your golden number...16026 looks good to me or 16116, 16205 is also possible, i've seen down take back 200 points

Its on a downward sloping trendline so it depends when it gets to that level.
Today its anything OVER 16,100 (dont be greedy).
Its quite a gentle slope so 16050 tomorrow.

Anyhoo I'm off out AGAIN, so I am now flat and will miss the fun.

Wonder if dow closes at 15860 tonight? :whistling

 

[postman]

Bloody hell 30 seconds and 25 points missed.

Have fun.

 

[inzimam]

rentry for long or no....

 

[tar]

Long Dax cfd @ 8614

 

[tar]

Nice reversal in SPX from 1819 !

 

[tar]

OK thats what i can call a pullback !

 

[12WBT]

WOW you make more money sleeping than you stuck in front of your screen all day.

 

[TwinToWin]

Evening all, morning to some... Bounce time tomorrow eh..? Trimmed my SL for small profit at 1pm and lost out on the next 200 pts... I need to loose the office job.

 

[postman]

Its on a downward sloping trendline so it depends when it gets to that level.
Today its anything OVER 16,100 (dont be greedy).
Its quite a gentle slope so 16050 tomorrow.
....

Pulled back more than I thought it would

Called the bottom to within 5 points. 15860 long entry. Dow low 15,855.12
First chart is all I had to go on, 15860 and 16100.
2nd is the close up circled when I called long. It did dip slightly lower just afterwards.
There's really very little support below until 15,300.

 

[TwinToWin]

I expected more upside from the big boys this week, thinking we'd be flipping 200/day, it spopks me how one way it is... I read an article on Sunday predicting this level for Friday, prior to completing a head a shoulders. Ebola is the fear..

 

[Dentalfloss]

looking at the spx index
daily data
23 points by 3 reversal
hilo plot
shows the action from december 2012
price had a bounce today from green trendline
but...
has not plotted a reversal column of "O " s
if it hits 1886 then that reversal column will be plotted
so..there is possibly resistance at 1868 area if the rebound continues
how does that coincide with candle charts ??

 

[TwinToWin]

Hi dentist, I've been trying to understand your charts for ages now, but really don't! Where's a good place to read..?

 

[TwinToWin]

I can spot the EW terminology but don't see how that fits with the truncated coloums. Fortunately you're commentary helps educated the ignorant...

 

[Dentalfloss]

I can spot the EW terminology but don't see how that fits with the truncated coloums. Fortunately you're commentary helps educated the ignorant...

its rocket science...i wish

 

[postman]

looking at the spx index
daily data
23 points by 3 reversal
hilo plot
shows the action from december 2012
price had a bounce today from green trendline
but...
has not plotted a reversal column of "O " s
if it hits 1886 then that reversal column will be plotted
so..there is possibly resistance at 1868 area if the rebound continues
how does that coincide with candle charts ??

From my charts today was a surprise, I was ready to go long early, funnymentals must be getting in the way of technicals.

I have 1870 as small support on the way down and tested as resistance on the way up.
Purely from a technical view I say S&P tests 1870 again tomorrow and falls. But when S&P falls and recovers 50 handles in a day you may as well throw your charts out the window.
BTW I'm a cash man not futures.

 

[Dentalfloss]

dow price action
not quite yet in the sweet spot
confluence of horizontal supp/red and green trendline.the close needs to be under 16110 area
if there is a reversal column of " X ' s then above is prev supp/purple at 16290 area
then there is the print area for the reversal column which is 16380
16290 to 16380 should provide largish res
how does that match with candles ?/
daily data 90 points by 3 reversal hilo plot
latest upmove from september 2013

 

[TwinToWin]

its rocket science...i wish

Yeah - I am being lazy, I should just Google more... Vix:spx ratios at 2008 levels, back to when I first started SB badly...

 

[Dentalfloss]

From my charts today was a surprise, I was ready to go long early, funnymentals must be getting in the way of technicals.

I have 1870 as small support on the way down and tested as resistance on the way up.
Purely from a technical view I say S&P tests 1870 again tomorrow and falls. But when S&P falls and recovers 50 handles in a day you may as well throw your charts out the window.
BTW I'm a cash man not futures.

that seems to line up with what i am thinking
the chart is the index..no out of hours trading

 

[Dentalfloss]

postman
the test of res at 1870 area ..if it pullsback gives us a previous horizontal support of 1840 area..if that fails then down to 1817 area
so..we have some levels going into tomorrow

 

[psaTrading]

Stocks slump with bad economic data.
Volatility increase as market is transitioning from fear to panic.
Banks sank after reporting earnings while a drop in retail sales fuel the concern about the economy.
The spread of Ebola has started to affect investor psychology, contributing to a decline in U.S. airline stocks.
The S&P 500 had its worst intraday retreat since 2011.

The calendar for tomorrow is shaped by a few economic events and information but most probably will not bring much needed changes.