Tuesday, 25 December 2012

Ftse250

this is my preferred view,that we are finishing a 5th wave of the rising wedge but we need a reversal soon or the more bullish straightforward breakout option will gain credence



There is a Wolfe wave pattern on the daily chart,complete with negative divergence on macd between points 3 and 5.


at

3 comments:

  1. Anonymous25 December 2012 at 10:04

    Yes, we might conclude that Europe is experiencing the rising wedge contagion.

    http://mediacdn.disqus.com/uploads/mediaembed/images/405/4414/original.jpg

    ReplyDelete
  2. Souljester25 December 2012 at 20:15

    Merry Christmas CR. RASI got to the 500ish level at the inflection point.

    http://scharts.co/UzVHrp

    ReplyDelete
  3. Chartrambler26 December 2012 at 09:54

    Thanks SJ and a belated Merry Christmas to you too !

    ReplyDelete