FTSE

I think RC is correct, next leg up coming up here.

inv h&s on weekly.



Another weekly here, pivot level breaks, and looks like a bullish crossover of moving ave's coming up.




At the top of the channel trendline, so needs to break above, but it looks like a bull flag imvho.
Buy the dips for now, keep bullish outlook imho.....



atb, good weekend c/viewers!!
dyor, wdik

The monthly candles look mental. Also took a loss trading the FTSE & S&P today. Interesting times..

Must say i'm suprised where the Ftse has gone, i'm out of my trade at loss, and it seems like Brexit is something good in investors eyes at least, if you look at weekly chart we've got inverted head and shoulders pattern

I'm shorting Ftse at 6300 with stop above recent high

ftse looks like its developing what looks suspiciously like a bear flag to me...

ATB, wdik, dyor.
Trendfriend.

Im gonna short this at 6450 with a 40 point stop. This area has a lot of resistance so expect this to turn back down on first attempt.The 61.8 fib from high is at 6500 so worth keeping an eye on that as well.
If you look carefully at the fib levels you can see the ftse has respected those key levels on the way back up.


dl.dropboxusercontent.com/u/4899609/ftse19thapril2016.png