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Ftse bounced of trendline

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13 years 3 months ago #1054 by diver993
Replied by diver993 on topic Ftse bounced of trendline
screencast.com/t/628wueK6

4 hour chart bouncing around the 61fib... go down baby :evil:

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13 years 4 months ago #515 by diver993
Replied by diver993 on topic Ftse bounced of trendline
Yes, if we don't break back above 5823 fairly quickly I think we will be visiting the long-term trend around 5,500 in the not too distant future.

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13 years 4 months ago #511 by AdeMcG
Replied by AdeMcG on topic Ftse bounced of trendline
Nice chart Diver, do you think if we fail to bounce above the 5823 level it will be forced much lower?

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13 years 4 months ago #482 by diver993
Replied by diver993 on topic Ftse bounced of trendline
screencast.com/t/zG7uudimXk

Apologies for posting the chart as a link but I still can't get to grips with posting an image from the icons above.

It appears we bounced off a short-term oblique support yesterday having first brokle through a medium term support. It will be interesting to see what happens over the next few days?
The following user(s) said Thank You: AdeMcG

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13 years 4 months ago #445 by AdeMcG
Replied by AdeMcG on topic Ftse bounced of trendline
OFF a CLIFF ??

:/

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13 years 4 months ago #380 by diver993
Replied by diver993 on topic Ftse bounced of trendline


I'm not a fan of this particular pattern but is this not a double top? (If the chart doesn't print my apologies: struggling a bit with the buttons :S

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