ideally we see a reversal from 6200 and a swift move down to 5900
the longer term chart shows critical resistance here,not least from the 50week moving average which is trending sharply.
based on measured moves and channel intersects 5000-5100 doesnt seem impossible,but we shall see
the longer term chart shows critical resistance here,not least from the 50week moving average which is trending sharply.
based on measured moves and channel intersects 5000-5100 doesnt seem impossible,but we shall see
like it
ReplyDeleteJust noting that FTSE has a really well defined H&S on the daily chart that targets 7350. Seems hard to believe, but maybe Brexit is a bigger shot in the arm than anyone realizes.
ReplyDeletepretty astonishing reaction.....there are a lot of dollar earners in the 100....the 250 may be a better indicator to watch
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