Anyone scalping the FTSE Futures??

gets a tad nasty if our pivot is rez on the bounce

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Morning all

Rates being cut so the market will keep going up but maybe that sounds too easy? In true SOB fashion I expect the big boys to pull the price down first to take from the poor retail investors that are still hanging on
 
Morning all

Rates being cut so the market will keep going up but maybe that sounds too easy? In true SOB fashion I expect the big boys to pull the price down first to take from the poor retail investors that are still hanging on
Could be coordinated rate cuts today, if you think its going down first then lower your leverage and ride the dip.
 
RBA cut by 25 basis points.. no surprise, it must take a lot of effort to be so unimaginative. More cuts around the houses will produce a short term sugar hit in the markets.
I suspect we will start to plumb the depths again once this has worn off.
The real turnaround will be when Govt stimulus ( not interest rate cuts) feeds through to the real economy and when COVD-19 is “normalised” and people get on with their lives.
In the meantime enjoy the volatility!
 
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