DOW

AdeMcG wrote: key jobless figures due any moment...might make for a high volatile trading day

Imagine that.... Normally the fireworks were reserved for NFP or rates, but 3,283,000 souls out of work within a heart-beat is terribly sad.

(report attached)

key jobless figures due any moment...might make for a high volatile trading day

moved my stop up to break even now as going to enjoy the sunshine for a little while in the garden..

I’ve gone long from 21000 and my limit order is 200 points away..and stop is 100 points away....so looking at 200 points profit....
As that’s the size of rounded bottom roughly...well nearer 250

I was forced to get out of bed cos of ipad battery running low.....pain

theres a rounded bottom on the 1 min chart.....im going long at 21000 with 100 point stop...
just incase

remo wrote:

Possible head and shoulder formation on hourly....needs a break below 20700,
Also strong support at 20400 ish area....
If a break below 20400 then I’d expect the down trend to resume.....
These are crazy markets and while I’m chatting moves of 100s of points takes place....lol

utter madness... unlimited QE, zero rates, fiscal package worth 10% of US GDP... crazy times.

And yes, the futures intra minute volatility is mad! Just be sure to charge your tablet Remo! it's running low!!!