Saturday, 24 July 2010
FTSE100
bullish candle on ftse following last weeks bearish inverted hammer,broken out of my pitchfork.....mining stocks (and BP)have helped ,I think they have formed right shoulder patterns,look as if they have exhausted but we shall see. On the "death cross" chart the Ftse can be seen to be backtesting the necline of the expanding wedge and the 200 dma.
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