Just now hedged the Dax short with a little bit of US30
This market is going higher. It digests all bad or good news.
Possible the peak will be next week. Oct 23 Apple announces new products and at 24 earnings.
yesterday the US dollar index plunged, this drove ftse/us indices higher
i am trying to calculate equivalent level for ftse if dow gets to 13600/660 (closing/intraday resistance)
Where are we going today SD.........??
Edited-apologies didn't notice your previous post
on yesterday's form 5900/25
on today's form 5925/50
*************************************** Alert Announcement ******************************************
From today all price action will be bought to you from the committee to re-elect Obama
i am trying to calculate equivalent level for ftse if dow gets to 13600/660 (closing/intraday resistance)
thanks barjon, that may be good level to short if dow remains below 13600/13660. expecially if you use VIX trigger
From 5882
13600 = 5921
13660 = 5980
Numbers from my spreadsheet.
SP500 dec, hourly bull level is 1449.07 we are above that as of 10:30 FTSE is 5882
thanks Bustech, check your spreadsheet.
13600-13660 = 60pts
5980-5921 = 59pts
should this be less than half?