From Mike Breaux's interesting blog http://spwavetrade.blogspot.com/..........I have posted on Mike's simple trend following ideas before(see post 12th May "mechanical system sell signal"...always a good filter to back up other forms of analysis.Moving average alignment firmly in bear phase !
J,
ReplyDeletegood to see you posting on my blog.
a chart in return.
http://3.bp.blogspot.com/_Qe2EUehGkjM/TDZ_ziIAXUI/AAAAAAAAAa4/el8rGhWmXnc/s1600/ftse+Jul+8.JPG