0 FTSE 100 - Weekend Analysis- 5380 Level has come as expected. Next level to retest is 5350 region(black trend line-retest break out level) Posted by Aadil on January 2, 2010 at 1:30pm E-mail me when people leave their comments – Follow
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It may retest and then go northwards or it may fail and go southwards ........
we will be waiting and ready for either scenario ......
we have no bias ,
we move with the market
I will be interested to see if we take that out, do you think the FTSE could be looking at a 5-10% pull back as well as the US?
I would think we would bounce off it first, we should find out monday........I know i shouldn't wish my weekend away but........hee hee.
A'm i right in thinking TA tells us we should retest the breakout and then continue back up? so one should be looking to go long at the retest?
going to be an ineresting week