Hi All
I continue to watch the FTSE and all indices waiting for the second leg lower to take place.
I think the break above the ascending line was a false breakout, and with the bearish engulfing daily candle that printed a few days ago, as well as divergence against the RSI.
I think the FTSE will drop considerably over the coming months
I think a target in the end of 4500 is realistic
I'm going to wait to buy shares in things for a while yet.
lets see what happens
Duncan
I continue to watch the FTSE and all indices waiting for the second leg lower to take place.
I think the break above the ascending line was a false breakout, and with the bearish engulfing daily candle that printed a few days ago, as well as divergence against the RSI.
I think the FTSE will drop considerably over the coming months
I think a target in the end of 4500 is realistic
I'm going to wait to buy shares in things for a while yet.
lets see what happens
Duncan
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Double top and it looks like it'll drop next week
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