FTSE 100

MRA4
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10 years 6 months ago #12884 by MRA4

Replied by MRA4 on topic FTSE 100

Interesting that the FTSE has broken it's trend line from 2009 on the 19th August, I've posted the monthly chart for the bigger picture.

www.dropbox.com/s/7hgxvth1azcxxxc/FTSE10...gust%202015.png?dl=0

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Food4Thought
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10 years 6 months ago #12862 by Food4Thought

Replied by Food4Thought on topic FTSE 100

One correction I have to this chart is that I don't now see the upside going past 6900 into late August/early September. September/October should see a retrace and proper test of rising support and likely breakdown.

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10 years 6 months ago #12859 by Food4Thought

Replied by Food4Thought on topic FTSE 100

Short term RSI breakdown. Near support. Time for bounce?

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10 years 6 months ago #12809 by Food4Thought

Replied by Food4Thought on topic FTSE 100

this seems to be moving broadly to plan...........

F4T

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10 years 6 months ago #12764 by Food4Thought

Replied by Food4Thought on topic FTSE 100

This has become very volatile but support right ahead. Similar for Spyder so I am looking for a bounce off of 6475 area. I think the US rate committee sits this week, so that will likely be key. Best wait.