FTSE

obviously key levels to get through...and confirmation required...but you never know..

wave iii of 1 of 3 of 5 ?

Just some thoughts/musings

some rough calcs

Inv H&s Target approx 5990

Wave i = 206pip
wave i *.618 = 127pip
wave iii = wave i(206+127)= 333pip
target Wave iii = ~6173

161 ext = 6141.8 (5934-5598/9)

dl.dropbox.com/u/40497882/FTSE100_projections_bullcase.JPG

Anyone looking at a short at 5912? It's the main downtrend resistance from the May 2010 6104 high...worked last time round but maybe risky now?



dl.dropbox.com/u/20815047/FTSEdaily30_11_12.gif

Worth keeping in mind - weekly timeframe



dl.dropbox.com/u/24866576/November%20201...00%20291112%20wk.gif

here's the daily view.... dl.dropbox.com/u/40497882/FTSEdaily29Nov.JPG

WaveSurfer wrote: Again that depends on what timeframe your looking at

dl.dropbox.com/u/40497882/FTSE29Nov.JPG

Again that depends on what timeframe your looking at

dl.dropbox.com/u/40497882/FTSE29Nov.JPG