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Martin, I have this alternative view on FTSE but I didn't post it because it needs a hit & bounce at the bottom to confirm. The support would be around 6450. If such thing doesn't happen I would be looking for a declining channel to form that makes lower lows. I do not have rigid number as a target. Need to see the breakdown and the progress first.
Thanks for the FTSE chart. What is your next level below the red line?
ReplyDeleteMartin, I have this alternative view on FTSE but I didn't post it because it needs a hit & bounce at the bottom to confirm. The support would be around 6450. If such thing doesn't happen I would be looking for a declining channel to form that makes lower lows. I do not have rigid number as a target. Need to see the breakdown and the progress first.
ReplyDelete