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ALSI futures open down

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SimonPB
Valued Contributor
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22 REPLIES 22
SimonPB
Valued Contributor
now -405 or -1.45%
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asylum
Super Contributor
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john_1
Super Contributor
watch out for the spike down on the ftse come 9.45am it will cause us to test the lows me thinks.
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dimitrius
Regular Contributor
how exactly do you predict a spike down on the ftse? Are we fortune tellers now?
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dimitrius
Regular Contributor
if you get this right John, I'll be converted to the art of trading john's way.
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dimitrius
Regular Contributor
nope, nothing john.
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dimitrius
Regular Contributor
ok, so you were 15 minutes late.
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Not applicable
no John...you need to look to market internals at the moment.....what is happening is that the TRIN levels which indicate the put call ratio is showing that there is massive put call buying.....this is a very reliable indicator that a rally is to follow on the DOW later....
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john_1
Super Contributor
ya ya! I was not talking about overall market dirrection I was simply warning about trying to trade this gap untill after the ftse opened.
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asylum
Super Contributor
Ok what is the TRIN level exuse my ignorance.
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Not applicable
ratio of advancing volume versus declining volume...
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dimitrius
Regular Contributor
Well john, you were right. 15 minutes early, but right none the less.
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Not applicable
John what time does the FTSE open?
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dimitrius
Regular Contributor
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Not applicable
nope....thats where the problem is....
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SimonPB
Valued Contributor
errr, it is 8am GMT/UK time and that is currently 10am CAT . an we're on CAT. So 10am it is.
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john_1
Super Contributor
What ever!!! did the FTSE spike down.. yes, AH! so I guess its time for me to say I told you so!
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dimitrius
Regular Contributor
Ja, you told us so john. A few minutes too early, but it was so.
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Not applicable
Ja told you so...TRIN is a very reliable indicator
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