FTSE

13 years 3 months ago #1015 by diver993

Replied by diver993 on topic FTSE

screencast.com/t/r26KOLn9EU4

The weekly chart looks interesting....

I think I'll call the current sub-wave the 'presidential C wave'. On a fib extension it could reach 4676?
Probably completely wrong so DYOR

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13 years 3 months ago #967 by madmaxx

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13 years 3 months ago #941 by Jackozy

Replied by Jackozy on topic FTSE

I'm looking to short this from 5916 as that's the main downtrend resistance:

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13 years 3 months ago #874 by diver993

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Ultimately I am looking at 5690ish purely on fibs. Obviously there will be a reversal in the middle somewhere.

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13 years 3 months ago #859 by gclark25

Replied by gclark25 on topic FTSE

No, but its another terrific example of how to marry Price action, Fibs & the RSI!!

Nice one Jack.

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13 years 3 months ago #853 by Jackozy

Replied by Jackozy on topic FTSE

Short closed due 2 levels of support on the hourly:

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