FTSE

seeing 5 wave down from 6500- wave 5 = 1 @approx 257/251. i've taken my coin here and left a banker running, no need to get greedy. may cover for a bounce and reshort again..... if it fails to hold here @ 250's then a .1618 = 6201 approx


dl.dropbox.com/u/40497882/ftse5apr.JPG

276 breaks > 256 >235>176 approx...

WaveSurfer wrote: keep any eye on 6335.....

WaveSurfer wrote: dl.dropbox.com/u/40497882/ftse%205%20min040413.JPG

WaveSurfer wrote: 91 busted -watch it go

WaveSurfer wrote: agree RC - it's abt time need to take out some levels for full confirmation take out of 6391 and then 6335 be a good start....

dl.dropbox.com/u/40497882/FTSE100_altcountv5.JPG

Rossymc - yes i use a series of fibs, .79 being one of them 23% alternative would be .277

combining both common and uncommon Fib ratio's i have found to help....

cheers
WS

WaveSurfer wrote: Chart update from 9:11 post

dl.dropbox.com/u/40497882/FTSE100_altcountv6.JPG

Wave surfer

Do you use the 79%
Also do you not see the 76 as significant if you use the 23?

Regards RMc

keep any eye on 6335.....

WaveSurfer wrote: dl.dropbox.com/u/40497882/ftse%205%20min040413.JPG

WaveSurfer wrote: 91 busted -watch it go

WaveSurfer wrote: agree RC - it's abt time need to take out some levels for full confirmation take out of 6391 and then 6335 be a good start....

dl.dropbox.com/u/40497882/FTSE100_altcountv5.JPG

Chart update from 9:11 post

dl.dropbox.com/u/40497882/FTSE100_altcountv6.JPG