35854 replies to this topic

[fabes]

8 minutes, 50 points... now to hold (and trust assessment) or sell!

Nice. The 39400 is a bit high I think, but in a day like today it's possible.

[Lekkerry]

8 minutes, 50 points... now to hold (and trust assessment) or sell!

Trend or not, I am in with a long (39205) with +- 50 point SL ALERT set. Drop below 3913/40, then the bears are still good. There seems to be some relief up to 39400 before closing bell for ALSI.

[Lekkerry]

Trend or not, I am in with a long (39205) with +- 50 point SL ALERT set. Drop below 3913/40, then the bears are still good. There seems to be some relief up to 39400 before closing bell for ALSI.

[Lekkerry]

At this PM's afternoon high of +- 39400 (J200), that is my guess. No math or science to back it though.

 

Where do you think we will close today L? Right now this is pissing me off, cause I can't trade. It's too risky. Will wait till the morning or maybe US close.

[Beorn]

My 2c.

Everyone is watching like a hawk for entry before Santa rally. In my experience, it is in these moments that a bear comes and eats his last supper, knocking out stops, causing frustration and wiping out capital before the market actually moves in the direction you expected. Watch for that, be patient in waiting for Santa confirmation.

 

Spot on Magic, stick to the trend.

[Magic_Matt]

My 2c.

Everyone is watching like a hawk for entry before Santa rally. In my experience, it is in these moments that a bear comes and eats his last supper, knocking out stops, causing frustration and wiping out capital before the market actually moves in the direction you expected. Watch for that, be patient in waiting for Santa confirmation.

[RBM]

I think bullish divergences to set in on most short time periods(4hr below), 4hr divergence will be complete over night

[fabes]

The question is, what will IG do with overnight pricing?

Where do you think we will close today L? Right now this is pissing me off, cause I can't trade. It's too risky. Will wait till the morning or maybe US close.

[RBM]

I think bullish divergences to set in on most short time periods(4hr below), 4hr divergence will be complete over night

[Lekkerry]

The question is, what will IG do with overnight pricing?

[Lekkerry]

Woohaaa, the breakdown to 39100 now is rather quick, makes me ponder my plans a bit.

 

Yup, but unless there is a major sell-off commencing, me thinks the bottom is near-to-being-in. If we hit 39100 again today, I am considering entering the holiday long with at least 500 points margin available.

 

davidp13, thanks for your post, it is much appreciated though! 

[fabes]

Support hit at 39100 (J200). I am telling you, pavlov's dogs, pavlov's dogs!

Thats my Alsi. Go back to 39100 where you need to bounce off again.

[davidp13]

Yup, but unless there is a major sell-off commencing, me thinks the bottom is near-to-being-in. If we hit 39100 again today, I am considering entering the holiday long with at least 500 points margin available.
 
davidp13, thanks for your post, it is much appreciated though! 
 
 

Careful not to get sucked in...unless you have an account that can handle it. The trend is still down.

Cool

Im just watching the daily trend and the indicators are just not stacking up at all bounce or no bounce.

[RBM]

Careful not to get sucked in...unless you have an account that can handle it. The trend is still down.

careful not to get sucked in the trend that is changing as well

[Lekkerry]

Yup, but unless there is a major sell-off commencing, me thinks the bottom is near-to-being-in. If we hit 39100 again today, I am considering entering the holiday long with at least 500 points margin available.

 

davidp13, thanks for your post, it is much appreciated though! 

 

 

Careful not to get sucked in...unless you have an account that can handle it. The trend is still down.

[davidp13]

Support hit at 39100 (J200). I am telling you, pavlov's dogs, pavlov's dogs!
 
 

Did I miss a memo? Why are the Alsi pushing up?

Careful not to get sucked in...unless you have an account that can handle it. The trend is still down.

[Lekkerry]

Support hit at 39100 (J200). I am telling you, pavlov's dogs, pavlov's dogs!

 

 

Did I miss a memo? Why are the Alsi pushing up?

[fabes]

Did I miss a memo? Why are the Alsi pushing up?

[Sunesis]

FTSE 200MA is 6505, everytime the FTSE goes below 200MA it falls for 100points then starts a big rally.

 

June and October lows confirm this. Since it's December the rally should be stronger.

[RBM]

Daily chart, santa rally starts later this week/early next week