What a day!
- Thread starter vladiator
- Start date
>How do you guys trade those? Are there ADR ETFs?
Regarding the CAC :
The CAC is usually position traded via its future : the FCE, traded on the MONEP, or its tracker (ETF) CAC 40 master unit, on Euronext.
Day trading is usually possible only on the future, because of high Euronext tickets, high clearing fees, and tax stamp.
(41761 is the Sico for the tracker on Euronext, CAC is its mnemo)
OHLC
Regarding the CAC :
The CAC is usually position traded via its future : the FCE, traded on the MONEP, or its tracker (ETF) CAC 40 master unit, on Euronext.
Day trading is usually possible only on the future, because of high Euronext tickets, high clearing fees, and tax stamp.
(41761 is the Sico for the tracker on Euronext, CAC is its mnemo)
OHLC
QQQ and SPY have both gapped through WEEKLY resistance.
QQQ has built solid intraday support at 22.35 - 21.98 band. If it consolidates above that level, more upside is possible.
I follow trend, and will be ready if downside returns, but......
If ever there was a time to "trade what you see, not what you think" it is now.
Survey from CNBC says 29% of public think now is a good time to invest in stocks. Utilities blowing up. War talk. Proverbial wall of worry.
Looks like a launch to me. Probably not secular like 1982, but, hell, the QQQ could double and it would still just be big bear market rally.
just my 2 cents.
QQQ has built solid intraday support at 22.35 - 21.98 band. If it consolidates above that level, more upside is possible.
I follow trend, and will be ready if downside returns, but......
If ever there was a time to "trade what you see, not what you think" it is now.
Survey from CNBC says 29% of public think now is a good time to invest in stocks. Utilities blowing up. War talk. Proverbial wall of worry.
Looks like a launch to me. Probably not secular like 1982, but, hell, the QQQ could double and it would still just be big bear market rally.
just my 2 cents.