FTSE daily 29/05/13
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A pure price chart here of the FTSE100 showing yesterday's bounce off the short term uptrend support and today's drop back down to it.
This support is probably going to get broken as the Dow and S&P500 still have further to drop in this correction IMHO. It's not a major support trendline though so not a big deal. Perhaps just a drop to the last breakout point from the March high at 6534?
This support is probably going to get broken as the Dow and S&P500 still have further to drop in this correction IMHO. It's not a major support trendline though so not a big deal. Perhaps just a drop to the last breakout point from the March high at 6534?
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