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.
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Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.
— Marcus Aurelius
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Wednesday, June 10, 2009
FTSE not there YET!
Today's strong showing in European markets... (FTSE + 2%, DAX +2.2%)...but look at chart..NOWT has changed ..as yet..
FTSE needs to clear 4520 with some force, to avoid a false break higher...
DAX needs to clear 5170...
UNTIL then we are at the TOP of the recent range in the FTSE.....
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