A thread created for the TA of charts on the LSE markets. (aim and plus included)
Beginners and advanced wellcome. Long or short, just post your views and lets
have some positive discussion. FIRE AWAY.
NB, UK indicies and sector charts plus FX can also to be included in posters analysis.
Major support on the DOW is at 15700. If we bounce at or above that level we should be ok. If it should fall through 15700 (unlikely) then all bets are off. Personally I think this is just blowing off the froth before we move on to fresh new highs. The 'reasons' given are just market excuses for a short sharp pullback. FTSE will take out 7000 this year.