Posted in: spread-betting
RE: Trading/Spreadbetting board20 Jan 2015 19:01
Whether the news coming out of Ukraine now is having any appreciable effect on the Dow remains to be seen !! --but Ftse seems to have largely ignored it's big brothers wild gyrations !! ( for the moment ) --
That's extremely good for my share posns. ---hansome profits banked today on my last Aviva and Esure longs .
Two old favourites , Carclo and Ashtead motoring higher again !!
QPP (84 p) and Premier Oil ( 129p ) longs also motoring on .
Another old shorting favourite recently gave me 20 pts. and is now back above 24op again --time for another short soon , i think !!
BRIT is my only disappointment at the moment !!
Dow has tested the 17600 level ( mainly on the overnight Futs.) 5 times in as many days and been unable to hold ----it goes without saying that once this level is held , hopefully , with a supportive candle going into the close -----then it's clear air up to 17800 and perhaps as far as 17900 -------once past there the highs at 18000 and above are there for the taking !!
At the moment, however , it seems to be having a problem with breaking out from around that 17440/ 17450 ish. level on todays 1 minute chart!!---
The dips below 17400 and just recently 17380 have been quickly reversed ----so we have a floor to work with , altho' the channel between 17380 and 17450 may be , understandably, a bit too wide for some to be comfortable trading ---
Waiting for that break and hold of 17600 is the safer trade , that being the case !!
JMVHO everyone ---GLA.