Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

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blame Rio for the drop the markets today my friends, but i loved every penny of it .....

200 MA broken = short in my book along with failure to hold the gap down level (blue rizontal line)

Along with oil as there was a big sell off there as well down to $50
 

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not looking good

we must hold 825-827 level............



Otherwise next level is 810 - 812
 

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820-830 area is a pretty solid support.otherwise its down to 800/black trendline
watch out for the last 90 mins if it rallies
 

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support for this latest uptrend can be as low as 762
 

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ws. some good weekend analysis.847 area certainly held it.and a well defined bounce from 820 area yesterday
keep up the guzeling
for today.not clear.we got a bounce from 3950 area.hourly looks bearish.vertical count takes us to 3750 area.looks like we will have some messing about until it becomes clear
 

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ws. some good weekend analysis.847 area certainly held it.and a well defined bounce from 820 area yesterday
keep up the guzeling
for today.not clear.we got a bounce from 3950 area.hourly looks bearish.vertical count takes us to 3750 area.looks like we will have some messing about until it becomes clear

Thanks dentist

watch out for the uptick rule being passed through congress on wednesday, I would not even think about shorting financials

and watch out for Alcoa's results today as it will determine the direction of this market

InTheMoneyStocks - Economic and Earning Alerts
 
be careful with shorting financials
interveiw yesterday on cnbc with meredith whitney.the glamorous banking analyst
she is saying.not really the time to short them,even though their results are coming out
u can watch it on cnbc.com
 
chartcraft saying today..they dont like the look of the long upper tails on the daily candles.could be in for a 10 % correction
 
s500 getting squeezed into a triangular shape..indecision
hourly data
 

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Alcoa

Keep an eye on this stock chaps

850- 900 break out on the upside post results or

750 - 700 - 650 break out on the down side

I am referring to cents not dollars
 

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I have to apologise for slacking lately and not posting live trades

I had a 1-2-1 with my manager recently and I got told off as i am falling behind with my work

I will certainly post live trades on my days off
 
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