Metal procurement & cutting edge technical linear studies utilising reaction lines to provide high probability trade setups and create charts that reveal true organic support and resistance.
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?
No comments:
Post a Comment