FTSE

Im expecting this to fall to 6100 area as thats where this originally broke out from.
so a back test is possible . So i expect this to bounce on first attempt of that area.

there's one on the dow too

remo wrote: Head and shoulders top on the daily chart of the ftse?????

zoomed out view

yup - and whatta you know -the target for that is apporx 6200

Head and shoulders top on the daily chart of the ftse?????



zoomed out view

haha - you know me

Ive seen a lot of shares break there short term up trend lines recently.
so looks like a correction is on the cards. Go away in april and come back in october may be the theme this year as well.
Obviously for traders that trade daily this should not be the case