Anyone scalping the FTSE Futures??

[Artycharty]

 

[Artycharty]

Rejig the chart

 

[Artycharty]

13700 the first supp area

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[postman]

Trading plan for today...
Errrrr.....I never have a trading plan
I mark supp and rez and then watch the price action//
Dont tell Timsk

I have a trading plan every day.
Buy the dip!

 

[postman]

View attachment 293035

'Tis my humble opinion that the price has been forced higher because index funds (of which there are many) have been forced to buy the damn stock to include in their portfolio. As is usual when companies move in and out of an index the one leaving has its share price pummelled through all the selling and then after leaving value investors pick it up at a bargain price. The other (I refuse to type the name) finds itself wildly overvalued and then drops.
Given said company will be one of the largest companies in the s&p it will also have an exaggerated effect on the index, which will cascade onto other indexes.
TL;DR Big falls on Monday all round!

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

Dax options have just expired

 

[postman]

Dax options have just expired

So were on to the next one then.
Onward and upward. 😄