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postman
S&P at 2700 and it doesnt appear to be going up, so I guess that means down!
psaTrading
Experienced member
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One day after the minutes of the last FED meeting were published, the US market was trading higher, with attention focused on the economic indicators reported and the interventions of some Fed members. The number of weekly applications for unemployment benefits decreased by 7,000 to 222,000, thus reaching the 2nd lowest level since the end of the 2007-2009 recession. The forecast was for 230,000. On the other hand, the advanced indicators of the economy registered an increase of 1% during the month of January, compared to the estimates of 0.70%.
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postman
Ftse did actually go down 46 points after the close but shes leaping higher now.
Ftse down 20 probably down 80 tomorrow.
Its Deja vu all over again.
That's why we love the ftse...as long as your not greedy you can clip the ticket both ways!
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postman
S&P in such a narrow ranch for so long. Somethings got to give soon!
counter_violent
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Yep, hard work. Dollar still under pressure....I think upside for stocks limited...so i'm still looking for downside ops.
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postman
FTSE desperate for a positive close to make it look like its not going to implode anytime soon.
We know better though.
We know better though.
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postman
Short ftse 7248
got to be looking at -50 after the close.
got to be looking at -50 after the close.
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postman
The s&p keeps pushing higher and higher but the dow is lagging and hasnt made a new high for the day.
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postman
Heads up I think the s&p has put in the top.
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postman
Nope just had another spurt higher. You just cant keep it down!
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postman
Dow is STILL below its early high.
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postman
Short s&p 2729.
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postman
Could be an 'inside' daily candle on the s&p, setting up for a reversal next week.
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postman
Looking for 2703 (ish) tonight.
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postman
It does go down a LOT faster than it goes up.
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postman
So at the moment Im short on the s&p and ftse which are pushing higher at every opportunity.
I'm NOT short on the dow and its hasnt made a new high since 3pm and is currently falling.
Go figure.
I'm NOT short on the dow and its hasnt made a new high since 3pm and is currently falling.
Go figure.
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postman
And the s&p sets a new high.
Dow still well below the opening high!
Dow still well below the opening high!
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postman
s&p has gone into mental mode again.
Not even the dow wants to chase it.
Not even the dow wants to chase it.
