Reply To: Technical Index Trading & Analysis

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#3002
georgeski
Participant

RS. When it’s like this. It is better to let the market cool from the initial exuberance of more free money being pumped in.

Dow I think will be back over 18000 next week. The ftse looks like it will join the party with the Euro stocks. I was going to wait for a good short swing trade but Draghi has set a ball rolling that is going to keep going for 20 month’s. We saw what happened when the yanks did it.

The only elephant in the room is Sunday’s Greek elections which look like another indecisive outcome that may drag on for a few weeks. Only tomorrow to go so best stay out, bar a few quick scalps to see what happens Sunday.