FTSE

updated 1 min chart.

dl.dropboxusercontent.com/u/40497882/fts...0May%201%20minv3.JPG

updated - see 6615

dl.dropboxusercontent.com/u/40497882/fts...0May%201%20minv2.JPG

its 1min chart - so for now it's purely scalps and to gain an early entry, i'd like to see 15 break down then we see what price action occurs @ 94... but before setting sights in lower number 15 needs to break.

were at 15 now.....

so to answer your question 2 shoulders.... welll if it breaks down to 94, then rises to 15 and falls back down to 605/6594 again... then that will create a second on the (right)shoulder ... it's a possibility.

There's a 2nd set of shidders a bit further down WS, what's the significance of those? Also, what are you expecting if the shoulders you've highlighted are successfully challenged?

Ocean ... lets say point A is your high on the rsi and point B is lower RSI than point A = div

Point A rsi = price 6594
point B rsi = 6635

the price must break down from the price point of A for divergence to be confirmed, until then it's just a divergence and nothing else.

hope that make sense ....

here's the 1 min chart - watch that neck line area, if it gets there

dl.dropboxusercontent.com/u/40497882/fts..._10May%201%20min.JPG