Saturday, 16 January 2016

FTSE



 
if we reverse here watch for another ABC pattern


576 is 4 times 144


2 comments:

  1. Hi thanks for sharing your charts.My count suggest further pressure for FTSE.
    http://invst.ly/xssb
    Your thoughts?

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  2. well there was no reversal candle yet and this is a strong downtrend so you may well be correct....I do think the declining wedge pattern in the Dax suggests stronger evidence of some kind of bounce...I guess we will have to see how it develops.Thanks for your comment

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