FTSE100 today?

[Snownation]

Could anyone explain why there was a pretty much sideways trend (trendless) chart most of the time today?

 

[Hoggums]

no change in sentiment & no of buyers = no of sellers

 

[black bear]

Waiting for the Dow to make its mind up AGAIN

Could anyone explain why there was a pretty much sideways trend (trendless) chart most of the time today?

Hi

Waiting for the Dow to make its mind up and get news out of the way

could not decide between above or below last weeks high

so plumped on checking out both sides for interest ~ a few times

opened above "gap" nipped up and down to collect some late buyers and sellers and hung out under last weeks high till news and Dow confirmed all ok

No more really really really bad news today, once the coast was clear popped over last weeks high late in the day.

Split today was about 50/50

Nice narrow range Zig Zag day next would be ideal :cheesy: I no barjon on the swing thread would approve

Andy

 

[Splitlink]

Split did well, yesterday, although he had to get out quick on the second trade--a long one.

I was surprised, I thought the trend was up and that the first, short, trade was a quick opportunity, only. The long was profitable, Although it could have been 20 points, but I stopped running for a cup of real Indian tea and lost half.

Split