Member Info for 1onic

meh indeed, hope that's not too much capital tied up Laks

Hard to make a case for a downy wedge there even, just a dcb but....Dow is trying to break out of its downtrend now

Continuation

Dax 11474 but still on a slight upward incline

Compression

i, interestingly the Dax and the yawn are actually both sitting on their weekly 200 sma

https://www.barrons.com/articles/the-dow-just-tumbled-327-points-should-we-worry-about-a-recession-yet-1539895476

https://www.barrons.com/articles/the-dow-just-tumbled-327-points-should-we-worry-about-a-recession-yet-1539895476

It's basically a matched trade like SETS on the larger cap stuff. You quite often see them on the less liquid, as FRR is at the mo, SETSqx (named MMs and DMA auctions throughout the day, traded stocks)

It's designed to be price movement neutral trade. Right off to see if that bloke's finished with the wife yet ;-)

https://www.lseg.com/markets-products-and-services/our-markets/turquoise/turquoise-trading-services/turquoise-plato-block-discovery%E2%84%A2/turquoise-plato-block-discovery%E2%84%A2-explained

imo

It's a mid transfer by block discovery

Technically a buy UncleAbrupt but wider markets look rotten :-)

Ftse now very near to oversold on the weekly chart and is on exactly the same weekly 200ma as the Dax, support on the ftse back to 2016

https://ibb.co/fPYLY0

It's gone over so quickly you would expect at least a pause around these levels, looks like the 2015 a bit

I suppose if you were brave you'd be buying there but I'm sitting watching the Dow get a bit of a rogering and looking decidedly fragile

You've got me thinking now.....answer is, only if it suits my book :-)

Hardly had any trading time this week, I see the Dax retested the big purple (neckline) but it's compressing so we'll be watching how it breaks out of that closely, 11800 was the major resistance, pretty solid rejection I would say :-)

https://ibb.co/cQKwO0

Still wis ze German sense of order it is still worth bearing the channel in mind for another bull trap as you said

https://ibb.co/hm0NVf

https://ibb.co/hm0NVf

Nu

Dumped it in auction, what a complete moron, just so out of practice with DMA, cocked it up big time. There goes another couple of opera tickets :-)

For Petes sake, the polite version.

Bloody school holidays. I said it would go to about where it did before a bit of a bounce, really I did ?