Wednesday, 14 March 2012

Yesterday was a bad day for bears.The main hope for a bearish case is that was a blow-off,in which case we need to see the Dow break back below 13111 smartish.This was the matching range target on the Dow ( 10404 to 12284 = 1880, 1880 + 11231= 13111)

Ftse may want to test 6000 which is a round number and 25% added to 4800  (low was 4791)   601 is 360 vibration from 507 on the Gann wheel (5075 low,so 6010 figures too.

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