Afternoon all.
Thanks for keeping this thread going, Martini. It's one of the
friendliest on the web.
I'll be glad when Mam sorts these charts out and stop all these weird
vertical bars appearing. Not a dig, Mam, I know that bugs take time to
iron out when you change stuff. :-)
Ftse is coming up to a defining moment. We're approaching the previous
swing high at 4434. If it takes this out then swing charts turn positive,
Bears take fright as their stops go off, and the top of the range
beckons again.
If it doesn't, then the bounce is over, Bulls take profit and the Bears
return with a vengeance.
Flat, watching the US keenly to see if it takes out key levels and
sets off a snowball effect of Bear stop closing. If it doesn't, on go
the shorts.
Melnibone.