Ftse at important trendline resistance,in what appears to be a bearish rising wedge
My feeling is that we could push a little higher maybe 5940,pullback ,make HL,rally and make a LH,leaving a triple top whence the selloff begins sometime in next 3 weeks,probably initiated by some news from Europe.
The alternative is a major breakout,driven by unlimited amounts of fiat money from the world's Central Bankers....doesn't bear thinking about :-(
My feeling is that we could push a little higher maybe 5940,pullback ,make HL,rally and make a LH,leaving a triple top whence the selloff begins sometime in next 3 weeks,probably initiated by some news from Europe.
The alternative is a major breakout,driven by unlimited amounts of fiat money from the world's Central Bankers....doesn't bear thinking about :-(
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