Monday 10 January 2011

FTSE

Posible short entry as we hoover above the 5900.00 waiting to test it. Incidentally the Dow ( below) has last week reached the magenta/mauve CL ( see below) from the weekly fork with V.important pivots- P0 the low at the e/o Sept 2002,P1 the absolute high in Oct 07 and the P2 being the post crash low in Feb 09.Add to this the RL's and maybe you at least have a RT?





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