as forecast and as expected we had a 3rd red bar today , now we have printed a hammer formation on the daily chart.
there is a potential of a 4th bar reversal on the morrow, but given that we have the million man march on the morrow in Egypt ....... GEO politics could take centre stage and lead to an emotive sell off.
Oil spike will help the FTSE 100 for now .......but aussie and euro remain weak until they trade past key resistance levels
+ 38 on my FTSE trades today
I shall have to see how asia reacts tonight and asses the variables before taking my next move