Technical analysis of Major Markets, F/X, and anything that can be traded This is my diary for trading Views expressed in this are only for educational purposes. They ARE NOT recommendations to BUY or SELL anything!! ALL comments and criticisms welcome.
Quotes
Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.
— Marcus Aurelius
Followers
Search This Blog
Thursday, March 26, 2009
FTSE CHART
Looks like critical junction ...
Red descending trendline should give some resistance..BUT a break through here gets us back into that congestion zone.. upper boundary 4330
then strong resistance at 4685..
A break below the current up trend we may see test of lows..higher low?
Note stochs are overbought....but can remain so if we get more up trend..wait for break either way...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment