Down...the tape is red and we have a new environment to swim in
The FTSE will open with a huge Gap down like the one the EOE is showing this morning
Short 553.75 and stopped 554 no need to hang into this, when volume is building a floor at 553.75
Trading to the downside means waiting for a TOP and then going short. Don't sell a floor
Long FTSE 18.5
need a higher high here
stopped +1 tick
Long FTSE 19.5
There was a 78c ask at 17.5 which was nearly taken in one bite. If someone goes long 63c he is not thinking to lose that ...dreamer...missed +10 and stopped again +1
This market is getting erratic...they for sure try to sell it further
Long EOE 553.85
Exit at todays open ceiling +10
Remember: On strong Gap down Days countertrend long trades tend to get sold agressively, so take 10 tick profits in indices
