last trading day in may tomor...will it bring out the buyers or the sellers?
think your right sd depends on the close but i'll go for a final push from the bulls
got a 15,339 as a buy trigger on daily chart.
15339 during dow cash trading was easy long, think the end of month has been strong, so lets look to buy ftse tomorrow morning when it is discounting a weak dow
hi all, back from Wales
ftse has been weak relative to dow for six days on the trot now (although it has had bursts of strength intraday which have been good) and is some 125 points in arrears during that time depending on what ratio you use. There's been a weak bias all year so far - not surprising the way the dow's been rocketing along - and ftse should be standing 400 or so higher or thereabouts depending on what ratio you use.
15320 area was just foreplay
the real stuff is test of trend
15120 area dow index
6550 ftse
8150 dax
these are all areas.a test of trend is far more important than horizontal supp.they could be also fib zones aswell
Morning all.. been a while
Morning all.. been a while