Sunday, 6 October 2013

This trendline has 5 points of contact and goes through the gap.A break would be important but I am thinking a (final?) rally toward 9000 more likely



CAC is below both short term ma's but we had a bullish twin towers pattern

 


 Here is Sid's count  (elliottwave predictions on blog list)




The Ftse formed a bullish long tail on the 200 dma although there is a bearish evening star reversal on the weekly


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