Melnibone
- 07 Jun 2004 09:32
- 15 of 22
Morning all.
I see my 20/40 Ma and Macd scenario worked out.
And a fat lot of use it was to me!!!!
Asia, bless their little white cotton socks, decided to have
a big rally.
This took the US futures up and the UK opened higher through the 20ma
and carried on through the 40 ma to close my gap at 4500.
Well those Bull horns didn't last for long. May as well put 'em back
in the loft and get the Fur and Claws out again.
We are now up at resistance with the gap closed. But, if the US does
the same we've all left a gap open behind us, lower down.
Looking for Index shorts again now, but have to be mindfull of
a range breakout higher.
Need guidance from the US, as usual. Nothing changes, does it?
Good hunting all.
Melnibone.
Fundamentalist
- 07 Jun 2004 10:07
- 17 of 22
Mornin all
thanks martini and BT.
Dailos
- 07 Jun 2004 11:01
- 18 of 22
VTI having a good morning :)
snoball
- 07 Jun 2004 11:07
- 19 of 22
Morning.
Interesting setup you have on that FTSE chart Melnibone.
zarif
- 07 Jun 2004 11:58
- 20 of 22
Morning to one and all.
Nice sunny day in costa Ellesmereport.
Martini and Bt: thanks for all the work that u have taken on and are producing Fruitful work which we the readers are finding very useful.
rgds
zarif
Melnibone
- 07 Jun 2004 14:41
- 21 of 22
Glad you found it of interest, Snoball.
Check it out on the other Indices. Seems to give good
direction guidance on them as well.
Melnibone.