I was just taking a quick look at FTSE daily and first thing I thought it looks bullish and Fridays flush and quick recovery does seem quite positive for the moment upto 5400 say.
Looking at Nasdaq it does seem much more negative but FTSE has a good pattern of rising lows, I know theres a triangle but I think 5400 is a reasonable upside target
Dow I have it beating a downtrend line on my very rough graph and looking for it to hold 11250 as a show of strength, I'll use that as my swing guide I think.
Comments
I was just taking a quick look at FTSE daily and first thing I thought it looks bullish and Fridays flush and quick recovery does seem quite positive for the moment upto 5400 say.
Looking at Nasdaq it does seem much more negative but FTSE has a good pattern of rising lows, I know theres a triangle but I think 5400 is a reasonable upside target
Dow I have it beating a downtrend line on my very rough graph and looking for it to hold 11250 as a show of strength, I'll use that as my swing guide I think.
Quiet start to week anyway maybe?