Today my trading platform broke down.. I spent over an hour with the person on support to try and get it fixed but still no luck! By the time it was sorted, it was 8.30pm GMT with only 30 mins before the closing bell so I just left it. However, I did trade my spreadbetting account on the Dow Jones and made 20 points! Markets are drifting lower and lower....
As I mentioned yesterday, a move below 130000 would be huge with a target of 126300 or so. Anyway, I was a bit delayed getting home today and missed all the action... well, almost! The market initially dipped below 130000 and bounced right back up.. if you caught the short this time, you could have rode the market all the way from this level to 128225.. that is staggering 72 prices!! Anyway, I missed all of that. I entered long when I saw that the market was turning and moved above the MA
Yep, no trading today.. I went out for dinner this evening and took a break from it. I've come back to see what happened today. From the charts, it was a slow and gradual drift downwards. The next area of support is 130000 and if it breaks this, we could see a very quick fall to 125000 or so.
