FTSE 100 - March

[Trading Shed]

Good morning, added to my short. I have the first hurdle @ around 4520. any views?

 

[barjon]

mornin' ts

you are keen on your shorts!!!

I'm off to golf soon, but I have hurdles (via the long candlesticks)
at around 525, 515 and a bigger fence at around 492. Not sure
if that helps at all??

 

[Trading Shed]

Thank you Barjon, I am at the moment!

 

[Finirama]

Descending triangle with a target of 4,520??

 

[jonnyy40]

Dax is getting ready.

 

[Finirama]

Looks like it is wanting to break on the upside....

 

[Finirama]

Cheeky

 

[Fluke]

I have got a fib grid 4566/4370.
With short term resistance at 4520.& 4491. If thats any help.

 

[Trading Shed]

Fluke - same here.

How do we think that DJ opening will effect? Anyone has any views on direction? if DJ moves up today, FTSE may follow.
(....or shall we say it will follow!)

And by looking at its chart (CMC) has notched up 40 points already this morning.

 

[jonnyy40]

Just gone short ftse.I'll keep a close eye on it.

 

[Finirama]

The S&P has just bounced of its 32% fib. Might be retested at opening. If it is and is broken Fib is at 1,145 with resistance at 1,143.

Might be a good chance to top up at the 1.30 if it spikes??

 

[jonnyy40]

Is there news at 1.30?

 

[Trading Shed]

on my 5min chart, Dow Jones has just broken short term trendline support and has a bearish MACD

 

[Finirama]

Johnny,

No news...just usual pre market buying/selling

 

[Trading Shed]

Finirama - why 1.30?

It looks like we are going down. Any views on 4520 or lower?

 

[Finirama]

Check past posts on 1.30...Bonsai has mentioned a few times.

Will 4,520 be broken? Not to sure. If it is broken i think the pyschology of the majority of punters will change... a lot of people/tipster are forecasting 5,000.

There is also strong support on the way down..as noted by barjon so it certainly will be bumpy

 

[Finirama]

One more thing.....i wish d4f would sort out their bloody prices

 

[jonnyy40]

I lost interest and closed the short.(Just when it's about to move?).Not in the mood today for some reason.

 

[Hooya]

fin the prices have been pretty good today> fair value back to normal but Futures being quite sticky so to speak so thats not helped

 

[Finirama]

Yeah...i was shocked when i got up this morning and there wasn't the usual 3-5 point lag!!