FTSE 100 February

Dear FC
Wish you were here. Weather is lovely
Waves are lapping at my door. B in progress.
They do say the 7th is always the biggest ?
lol
 
that would set up a good triangle from yesterdays bottom line giving support at 87 and the capping trendline today
 
Did you make the A a 5 wave affair??? if so B will probably
take the shape of a Zig zag....so my books say :)
 
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thats one of the gaps left yesterday filled. I still have a few down near the lows
 
back to that gap through nonsense around 82

but seems ages ago now. so may go straight through this time ?
 
hooya
was a bit messy
5 seems more likely.unless you count the gap down open yesterday as a 'b'
 
I see 5 because of the sideways action yest (possible 4) anyway that was then this is now. Moved into oversoldBoth RSI and stochs)nquite quickly on my 5 min chart , would ideally like it to keeps falling and get some divergances going etc.
 
lol
I am still heavily overbought
up in the 80's

(lunchtime lull may take care of that ?)
 
up in the 80s wow:) but you know me and my overbought/sold, they are very sensitive. But I am moving in to oversold short term but all that means its that they are going to have to work harder thats all.
 

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mine is a much slower beast
tends to track the 1 day if anything
so time for you to get o/s and the o/b before we are back in sync ?

however a/d -32 and pointing down still
 
the trend on the dax over the last week or so Is about a neat as they get
 
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