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My Ftse plan is to phase in short entries with
the first circa 6640.I will be back next monday.
Never give up, never surrender.
<div class=”d4p-bbt-quote-title”>baaa wrote:</div>
closed shorts from 1985 and reversed 50% long ES & the Dax . should rally today , if we don’t crash …lolclosed 50% of each long , stops at o/night lows on the rest for a free ride…
1943 will be resistance – closed remaining longs right here . no position now , but should re-visit 1929 , maybe 1910/14 area
Many have s&p 1830 as a target but others say short
squeeze into OE on friday.Not worth risking much atm.
Closed my Ftse short this morning and it remains to
seen if that profit taking was a wise move. But a
profit is always good 🙂Will get short if it goes south.
Never give up, never surrender.
Many have s&p 1830 as a target but others say short
squeeze into OE on friday.In an ideal world they are both right and we trade the up
and the down 😉Never give up, never surrender.
Morming all
Oscar has this going back to a new high after testing moving average last week.
I’m long overnight right now and looking for an up day.
Good luck.
If household incomes don’t improve then the bull market
will fail and that’s US and Euroland and UK, imho.Less claimants does not equal more in work and even in
areas where it does, the jobs are low wage.So, the BoE gov is right that spare capacity is indeed
a problem if you want a population to spend and lift
a country out of recession etc etc.Never give up, never surrender.
I was looking at some timing stuff which was a simple
break of current trading weeks.Bears had two weeks and now the bulls have this week
and next week.A bit of fun but it would support the idea of some
short squeeze into this friday’s OE and run on into
the week after.Sounds ok to me as I build another set of Ftse
short positions.Never give up, never surrender.
First of my short entries in at Ftse 6650 and will
monitor the market for additions.Today and OE friday should give signs of just how
strong this rally is.I don’t trust this move up but when volume is so
low, larger moves can be built on nothing.Never give up, never surrender.
My second Ftse short entry will be at 6700 which we
should see as we go past it to the 0.618 fib imho.After that I my wait and see how high OE prints.
Important to balance the view this rise is a fake
with the idea a short squeeze etc is possible.Never give up, never surrender.
Having to wait for Ftse 6700 rth but ooh shows it should
print on this OE day.Bulls really need to break up through 6725 zone and then
atleast hold onto some gains and close above 6700 or it
could all start to look a bit grim for them.Never give up, never surrender.
My second Ftse short entry will be at 6700 which we
should see as we go past it to the 0.618 fib imho.After that I my wait and see how high OE prints.
Ftse shorts at 6650 and 6700 and that’s me done this week
as I need to see OE and what happens early next week, so
the weekend starts now for me.Never give up, never surrender.
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