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Small short Ftse 6997 just to cover any surprise drop
this side of the US election.Never give up, never surrender.
Small short Ftse 6997 just to cover any surprise drop
this side of the US election.Closed 6994
Going to wait for US close and see if there is a better price
on some market or other !Never give up, never surrender.
As houdini said the window for a drop is closing.
We could still get a spike down and reverse but
a burst higher is also a very real risk.No overnight or weekend trades for me.
Never give up, never surrender.
Long Dow 18120 … expecting a hectic US rth but
atleast this gap down entry gives me a chance.Never give up, never surrender.
Pattern options suggested the US had to fall
before it could have a go at new ath’s but
the size of the fall was unclear. Options
were Dow 18100 or 17200 … no help as
the range is vast.Never give up, never surrender.
Pattern options suggested the US had to fall
before it could have a go at new ath’s but
the size of the fall was unclear. Options
were Dow 18100 or 17200 … no help as
the range is vast.Looking again 18000 would be a better level than 18100
for that ‘potential’ drop and pop.Never give up, never surrender.
Re Ftse vs Dow
Today I have the Ftse as s1l and the Dow as s1h (spill down)
and this could well workout for both sides of the pond, imho.US data at 13:30 and reactions are key.
Never give up, never surrender.
Long Dow 18120 … expecting a hectic US rth but
atleast this gap down entry gives me a chance.Closed 18150
Expect to do this again if Dow does spill down.
Never give up, never surrender.
Dow has had a near 18100 – 18200 range in ooh.
Now we see if it can repeat in rth.
Maybe asking a lot but these stock markets
are in that kind of mood, see Dax and Ftse.Never give up, never surrender.
Dow rth has moved well above it’s ooh range
so where is that crank down low ?Never give up, never surrender.
Atm it looks like s1h all round.
Assuming it does work out s1h today s4h monday
then the bulls must push a lot higher to get out
of this pattern. Otherwise next tuesday the
bears may have another chance at the lower
range of the pattern / channel / flag.Never give up, never surrender.
I still think this market is going to break the bulls before
pushing on up to new aths. So I have opened a
small Dow short at 18226, knowing it will go
well under water but atleast it’s worth it to
me to test my theory.Have a great weekend kpaders.
Never give up, never surrender.
Dow drops to 18100 and I have closed.
It maybe enough or do we need 18000.
Atleast we did get the expected crank down.
Never give up, never surrender.
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