Anyone scalping the FTSE Futures??

[SuddenDeath]

Biderman's Daily Edge: The Bernanke Put is Dying
Biderman's Daily Edge: The Bernanke Put is Dying - YouTube

 

[SuddenDeath]

Well off the lows.

Hong Kong had a strong morning, just coming off a bit after the stop for lunch.

FTSE 5446 = Dow 50% fib (level it bounced from yesterday)
FTSE 5445 = SP500 50% fib

 

[SuddenDeath]

some good charts on this blog (BCS is barc ticker in US)

Chartist Friend from Pittsburgh

 

[bustech]

Massive spike up in Aud and Eur against USD

 

[Dick Lexic]

worth a punt for a visit back to 500?

 

[bustech]

worth a punt for a visit back to 500?

AUD and EUR still going on with it.
FTSE just holding back, might be the fall into the HK close
Might kick on after the HK close at 9am UK time.
Have 5516-5521 target area.

 

[Dick Lexic]

do you look at volume bustech?

 

[SuddenDeath]

Question, is the dow 50% retracement a short term floor ? ftse equivalent 5445?

12,521

 

[Dick Lexic]

yes 5500 samirs

 

[bustech]

do you look at volume bustech?

No just have a spread betting account.

 

[SuddenDeath]

9.30 we get UK GDP, should be weak. , buy the down spike

 

[Dick Lexic]

well if the bulls are still hanging round they might start shunting this market up before the month end ....platform 500 would be a good start ....

 

[SuddenDeath]

FTSE 5487 is 50% retracement of 2 month move (closing prices)

5478 is high/low fib over 2 months

FTSE bounced exactly from the 5478 level

 

[SuddenDeath]

FTSE 5499 @9:22 is oversold (strange I know)

 

[SuddenDeath]

FTSE@ 5503 now is overbought @9:23

 

[SuddenDeath]

DJI parallel lines

 

[SuddenDeath]

FTSE if low is in we should get to 5525/5545

 

[SuddenDeath]

UK data in 5 secs

much weaker

 

[SuddenDeath]

CNBC shill trying to explain away the very bad figure, as though the forecasters did not know there was a holiday and that the olympics were going to occur

 

[SuddenDeath]

FTSE 5501 is oversold @9:32