Ftse

Ftse made a big shooting star reversal candle on Friday and an inverted hammer on the weekly.The rally from the lows was nearly equal to the decline from the high (54cd/55cd) "balancing "time, and September is 90 months from the 2003 low.Next week is the vernal equinox,one of Gann's "natural" time seasonal dates,so a lot of factors are in place to suggest this may have been an important high.If markets peaked in April this would be our first lower high,Gann's safest place to sell.