Dow 2008

[firewalker99]

Monster 1m range bar, which might mean something.

And look at the low of the bar: 12463

The 460 is just a line in the sand really, it's not guaranteed, but it's all I can see between here and 400. It comes from the 26 and 27th or March (see chart). One can hardly expect this to plunge straight away to 400 (although you never know).

 

[postman]

Last chance for re entry around 500 stop at 526

 

[Phil Mibbutz]

Last chance for re entry around 500 stop at 526

Re-entry if it reaches 517.23 before 18.26GMT. (Come back dc2000, we need you!)

 

[CJIA]

Re-entry if it reaches 517.23 before 18.26GMT. (Come back dc2000, we need you!)

Appears to be a top on 5min cash 12506

 

[brutusdog]

And look at the low of the bar: 12463

and the 19th march...

 

[Hook Shot]

Just what I wanted

Oil NOW looking interesting... if you can handle the volatility
Don't try this at home........................
Crude Oil Chart

Edit:
OIL now not far off the ALL TIME HIGHS it hit just over 3wks ago..(when Spx was in th etoilet).. yet US indices are still holding up...but on the verge (?).. yep an anomaly.... or conundrum if you prefer...
Can they both rise together again ??

Oil Makes New All Time Highs .... but it must keep on making highs now .... or else !!
Don't you just love record highs ....

 

[CJIA]

Appears to be a top on 5min cash 12506

That didnt hold,needs to break 12470 in the next 15min to go lower i think.

 

[CJIA]

Still some cows sorry bulls left in the market.
Just have to put them down then.:cheesy:

 

[catracho]

Sorry to bring up the fundamentals but Crude Oil spiking up to $111.30 causing a sharp rise in headline inflation and the Fed in a rate cutting cycle?

Is this a recipe for disaster?

Who is actually buying this market...

oil has been going up while the bulls have also pushed the equity mkts...(oil went from $10 in the 90's to where we are now) and they haven't batted an eyelid...why will it change now? Transport co's are all passing the increased price onto consumers..

 

[catracho]

interesting for some ..

Oil and Euro close to all time highs...what about GOLD & SILVER...?

 

[CJIA]

Still some cows sorry bulls left in the market.
Just have to put them down then.:cheesy:

Honest Guv it wasn't me :whistling

 

[gilligullu]

Short 518, out 480. +38, gf is forcing me to help make dinner~~LOL

 

[trader_dante]

Hi FW, sorry I was out at the gym earlier so not around to answer your question about my stop.
Went short 523 but stopped out at breakeven despite seeing it being +57 at one point!
Went short again at double the size at 505 and this time out for +5 despite seeing that one go +27!!!
Perhaps I need to start adjusting my exits for this market

 

[firewalker99]

Hi FW, sorry I was out at the gym earlier so not around to answer your question about my stop.
Went short 523 but stopped out at breakeven despite seeing it being +57 at one point!
Went short again at double the size at 505 and this time out for +5 despite seeing that one go +27!!!
Perhaps I need to start adjusting my exits for this market

I think if you were around to watch you'd probably taken the profits when we had that large upspike from 12463 on huge volume. I think you could've had about +25...

you need to check your priorities, going for a work-out during a trading day isn't number one on my list

 

[smbtnt]

Scalp trade - long at 480.

 

[firewalker99]

Short 518, out 480. +38, gf is forcing me to help make dinner~~LOL

tell her she needs her priorities checked as well

 

[firewalker99]

short NQ 1823 on the breach of support

I wouldn't normally do this, but given I've already banked some profit today

Edit: hmm that's actually not a very good reason, is it?

 

[CJIA]

Last push down now

 

[smbtnt]

Scalp trade - long at 480.

and no reaction past 500 from low of day, just spike city - pressure down - out for b/e.

 

[black bear]

long 483 30 stop

paper