This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Thursday, 3 May 2012
FTSE Weekly
Cross of 20 and 50 dma's,price below 50. Bear cross on Macd.Last week's candle bearish hanging man/doji
4 successive lower lows before this rally,suggests trend is now down
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