Thursday, 1 September 2011
Well a strong day on Ftse,I was too early in thinking 5312-5332 resistance would hold.If we do manage to push through 5400 (4800 x 9/8 Gann res) again there is resistance at 5517,using 0.618% retrace from 5966-4791, equality of range 4791-5377 added to 4930 low (this a Gartley ?) and square of 9 using 479 base and 1.61 increment (479 squareroot = 21.88,add 1.61 and square)
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