Dick Lexic
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take a look at the trading below the fibs ...stop run?
ftse v. weak - opened -18 down may look for 8:30 reversal
Dow technicals are neutral for thursday and SP500 is at maximum bullish reading., this usually leads to modest but solid up closes.
should see ftse +60 to +85 on thursday
hi sd, my friday target looks down and out at the moment🙁
if we don't get there i think the bears will set up camp🙁
Of course, all this is not exclusive to FT. I am looking at four charts, just now. The Euro/$, Dax and CMC are all sharply down. The Dax has broken a triangle on the daily but it is not definite and may well recover. Hey! What do I know? Just an observation.
i would have thought we get +60 to +80 on ftse. the ftse downswing may be opening gap fil, once the sp500 opens may give ftse some power to go higher, at least RIO/BLT the ugly sisters arent doing their falling off a cliff routine today
Morning Splitlink, what is "CMC"