Anyone scalping the FTSE Futures??

This is my zone for a bounce - well temporarily maybe :cheesy:
 

Attachments

  • SP PIVOT.jpg
    SP PIVOT.jpg
    146.2 KB · Views: 76
Total S&P today +37.1 points

Ave stop 8 pts

Had a few dow, but that is another strat.

No way I could do decent size if holding through swings, just be selective on levels and pounce.

Time in market = risk, and no better example than currently, unless you shorted 2 days ago :sneaky:
 
The testimony of the new President of the FED forced investors to reshape their perspectives on the monetary policy of the FED. Jerome Powell, defended not only the dynamism of the American economy but also his conviction that inflation will reach (in the long term) 2%. Generally, the periods during which investors reformulate their outlook are volatile.
 
The Trump Administration's decision to introduce customs barriers to steel and aluminum should weigh heavily on the stocks of manufacturers of these metals (such as ArcelorMittal and ThyssenKrupp and car manufacturers, heavy users of these raw materials in their production processes). The specter of retaliation for these measures has already materialized in the EU Sweden's proposal analogous barriers. On the positive side, the decline in yields in the US and its probable contagion to European sovereign rates should mitigate the losses that utilities and telecommunications should suffer due to the external environment. From a technical point of view it can not be ruled out that after the first negative impact the indices could start an intraday recovery.
 
Top