Anyone scalping the FTSE Futures??

[Dentalfloss]

17952 hit as we said yesterday

 

[ffsear]

Dax im long from 555. Looking for 620

 

[postman]

Dow has gone loopy (+.69%) compared to S&P (+.34%)

Running those stops in double quick time.

 

[Dentalfloss]

big res looming

 

[Dentalfloss]

18018-18039 area

 

[Jessi_trader]

I don't think DAX will see 11600 today

 

[Dentalfloss]

good moves today
bull tests and then rallies

 

[postman]

.

 

[postman]

I don't think DAX will see 11600 today

Nah. Might stop at 11599.

 

[Dentalfloss]

apple joining the Dow
if the watch is a dud
then dow 4k ..;ol

 

[timsk]

big res looming

. . . and another one just above that . . .

 

[Jessi_trader]

Nah. Might stop at 11599.

yeah....

 

[postman]

What part of this chart says sell?

Nothing!

 

[psaTrading]

While Americans indexes corrected (the S & P fell 1.60%), European markets extended the recent rise. Although the overperformance of European stocks can be justified in the light of various factors (improving economic outlook, monetary policy of the ECB, the positive effects of the oil drop and the Euro, etc., a difference of behavior between the European and American markets is not sustainable. There is a historical correlation between these markets, and the differences of merely casual and short-lived trend. Thus, a convergence between the two markets is expected, although it is not yet apparent whether this convergence will be made by a rise in US markets or a correction of the European markets. Not disregarding the factors that have driven the European indexes (and which shall remain valid even before a correction), it is more likely at this stage to be the European indexes to correct.

 

[postman]

...., a difference of behavior between the European and American markets is not sustainable. There is a historical correlation between these markets, and the differences of merely casual and short-lived trend. Thus, a convergence between the two markets is expected, although it is not yet apparent whether this convergence will be made by a rise in US markets or a correction of the European markets. Not disregarding the factors that have driven the European indexes (and which shall remain valid even before a correction), it is more likely at this stage to be the European indexes to correct.

Any evidence to support that?

 

[Jessi_trader]

Nothing!

nice Yahoo! chart :innocent:

 

[Jessi_trader]

While Americans indexes corrected (the S & P fell 1.60%), European markets extended the recent rise. Although the overperformance of European stocks can be justified in the light of various factors (improving economic outlook, monetary policy of the ECB, the positive effects of the oil drop and the Euro, etc., a difference of behavior between the European and American markets is not sustainable. There is a historical correlation between these markets, and the differences of merely casual and short-lived trend. Thus, a convergence between the two markets is expected, although it is not yet apparent whether this convergence will be made by a rise in US markets or a correction of the European markets. Not disregarding the factors that have driven the European indexes (and which shall remain valid even before a correction), it is more likely at this stage to be the European indexes to correct.

In the market everything is justified. Market is always right :clap:

 

[Jessi_trader]

5 minutes to go for the bell and still not near 11600

 

[Jessi_trader]

While Americans indexes corrected (the S & P fell 1.60%), European markets extended the recent rise. Although the overperformance of European stocks can be justified in the light of various factors (improving economic outlook, monetary policy of the ECB, the positive effects of the oil drop and the Euro, etc., a difference of behavior between the European and American markets is not sustainable. There is a historical correlation between these markets, and the differences of merely casual and short-lived trend. Thus, a convergence between the two markets is expected, although it is not yet apparent whether this convergence will be made by a rise in US markets or a correction of the European markets. Not disregarding the factors that have driven the European indexes (and which shall remain valid even before a correction), it is more likely at this stage to be the European indexes to correct.

May be bit of compromise... Americano will rise a bit and Euro will fall a bit 50:50 deal

 

[barjon]

Mmm, ftse been trading weak all day vs Dow so it's been redressing the balance a bit. i'm away so haven't got the ftse/Dow difference to hand over the last few weeks, but there's always a nice touch to be had intraday when the days difference extreme snaps back.